David Brock Buys 59,894 Shares of Molten Ventures VCT plc (LON:MVCT) Stock

Molten Ventures VCT plc (LON:MVCT) insider David Brock bought 59,894 shares of the stock in a transaction on Wednesday, April 16th. The shares were acquired at an average cost of GBX 42 ($0.56) per share, with a total value of £25,155.48 ($33,375.99).

Molten Ventures VCT Price Performance

MVCT stock opened at GBX 39.50 ($0.52) on Friday. Molten Ventures VCT plc has a 1 year low of GBX 20 ($0.27) and a 1 year high of GBX 45 ($0.60). The stock has a market cap of £104.83 million, a price-to-earnings ratio of -12.32 and a beta of 0.10. The company has a 50 day simple moving average of GBX 38.26 and a 200 day simple moving average of GBX 39.23.

Molten Ventures VCT Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, April 25th. Investors of record on Thursday, March 27th will be issued a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, March 27th. Molten Ventures VCT’s dividend payout ratio (DPR) is -62.36%.

About Molten Ventures VCT

Draper Esprit VCT plc is a venture capital fund manager. It is a Venture Capital Trust. It specializes in directly investing. It specializes in early venture, mid venture, and late venture. The fund prefers investing in growth capital. It invests in health care and software and services. The fund seeks to invest in United Kingdom.