Insider Selling: Molten Ventures VCT (LON:MVCT) Insider Sells 378,787 Shares

Molten Ventures VCT plc (LON:MVCT) insider Richard Marsh sold 378,787 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of GBX 38, for a total transaction of £143,939.06.

Molten Ventures VCT Stock Performance

Molten Ventures VCT stock traded up GBX 0.10 during midday trading on Tuesday, reaching GBX 37.90. 13,332,687 shares of the stock were exchanged, compared to its average volume of 415,315. Molten Ventures VCT plc has a 52 week low of GBX 28 and a 52 week high of GBX 40.20. The firm has a market cap of £119.92 million, a PE ratio of 94.75 and a beta of 0.10. The company’s fifty day moving average is GBX 38.07 and its 200-day moving average is GBX 38.35.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank raised their price target on Molten Ventures VCT from GBX 645 to GBX 790 and gave the company a “buy” rating in a report on Tuesday, June 9th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 790.

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.