British Smaller Companies VCT2 (LON:BSC) Stock Price Up 1.9% – Should You Buy?

British Smaller Companies VCT2 (LON:BSC) traded up 1.9% during trading on Wednesday . The company traded as high as GBX 53.50 ($0.67) and last traded at GBX 53.50 ($0.67). 974 shares changed hands during trading, a decline of 100% from the average session volume of 251,154 shares. The stock had previously closed at GBX 52.50 ($0.66).

British Smaller Companies VCT2 Price Performance

The company has a fifty day moving average of GBX 52.90 and a 200 day moving average of GBX 53.81. The stock has a market cap of £122.29 million, a P/E ratio of 1,783.33 and a beta of -0.01.

British Smaller Companies VCT2 Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, January 27th. Stockholders of record on Tuesday, December 24th were paid a GBX 1 ($0.01) dividend. This represents a dividend yield of 1.87%. The ex-dividend date of this dividend was Tuesday, December 24th. British Smaller Companies VCT2’s dividend payout ratio is presently 13,333.33%.

About British Smaller Companies VCT2

British Smaller Companies VCT 2 plc is a venture capital trust specializing in emerging growth, growth capital, acquisition funding, and development funding. It is an evergreen fund. The fund invests in a range of securities which may include ordinary and preference shares and fixed income securities, such as corporate bonds and gilts in VCT qualifying and non-qualifying securities.