Baronsmead Second Venture Trust (LON:BMD) Shares Cross Below 50 Day Moving Average – Here’s Why

Baronsmead Second Venture Trust (LON:BMDGet Free Report)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 51.56 ($0.67) and traded as low as GBX 51 ($0.66). Baronsmead Second Venture Trust shares last traded at GBX 52 ($0.67), with a volume of 25,864 shares traded.

Baronsmead Second Venture Trust Price Performance

The firm has a market capitalization of £203.67 million, a P/E ratio of 44.97 and a beta of 0.24. The firm’s fifty day moving average price is GBX 51.56 and its 200-day moving average price is GBX 53.61.

Baronsmead Second Venture Trust (LON:BMDGet Free Report) last issued its quarterly earnings results on Tuesday, December 24th. The company reported GBX 0.48 ($0.01) earnings per share (EPS) for the quarter. Baronsmead Second Venture Trust had a return on equity of 1.95% and a net margin of 38.32%.

Baronsmead Second Venture Trust Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 17th. Shareholders of record on Thursday, February 13th were given a GBX 2.25 ($0.03) dividend. The ex-dividend date was Thursday, February 13th. This is a boost from Baronsmead Second Venture Trust’s previous dividend of $1.75. This represents a yield of 4.21%. Baronsmead Second Venture Trust’s payout ratio is 345.90%.

Insider Activity

In related news, insider Adriana Stirling acquired 18,002 shares of the business’s stock in a transaction dated Thursday, February 20th. The stock was bought at an average price of GBX 56 ($0.73) per share, for a total transaction of £10,081.12 ($13,051.68). Insiders own 0.15% of the company’s stock.

About Baronsmead Second Venture Trust

(Get Free Report)

Baronsmead Second Venture Trust plc is a venture capital trust managed by ISIS Equity Partners LLP. It invests in a portfolio of unquoted companies in the United Kingdom. The trust primarily invests in the media, business services, consumer, information technology support services, technology-enabled companies, and healthcare sectors.

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