Pembroke VCT B (LON:PEMB) Sets New 12-Month Low – Time to Sell?

Pembroke VCT B (LON:PEMB)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 93.50 ($1.21) and last traded at GBX 93.50 ($1.21), with a volume of 1429 shares traded. The stock had previously closed at GBX 95 ($1.23).

Pembroke VCT B Stock Performance

The firm has a market cap of £213.27 million, a price-to-earnings ratio of -32.28 and a beta of -0.05. The business has a fifty day moving average of GBX 95.53 and a two-hundred day moving average of GBX 95.77.

Pembroke VCT B Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Thursday, April 24th will be given a GBX 2 ($0.03) dividend. This represents a dividend yield of 2.11%. The ex-dividend date of this dividend is Thursday, April 24th. Pembroke VCT B’s dividend payout ratio is currently -172.64%.

Pembroke VCT B Company Profile

Established in 2013 and managed by Pembroke Investment Managers LLP, Pembroke VCT plc is a venture capital trust focused on growth stage companies in the design, education, food, beverage and hospitality, wellness, digital services and media sectors. The investment team aims to find exceptional and innovative founders to grow the brands of tomorrow, giving investors the opportunity to share in the growth of some of Britain’s most exciting and entrepreneurial smaller companies.