Molten Ventures (LON:GROW) Releases Earnings Results

Molten Ventures (LON:GROW) issued its quarterly earnings data on Tuesday. The company reported GBX 42 EPS for the quarter, Digital Look Earnings reports. Molten Ventures had a negative net margin of 369.09% and a negative return on equity of 3.42%.

Molten Ventures Price Performance

GROW opened at GBX 464.82 on Thursday. The company has a current ratio of 197.67, a quick ratio of 4.37 and a debt-to-equity ratio of 7.15. The stock has a market capitalization of £817.02 million, a P/E ratio of -1,162.05 and a beta of 1.25. The stock has a 50-day moving average price of GBX 418.70 and a 200-day moving average price of GBX 363.73. Molten Ventures has a 12-month low of GBX 215.60 and a 12-month high of GBX 498.40.

Analysts Set New Price Targets

A number of research firms have recently commented on GROW. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Molten Ventures from GBX 719 to GBX 724 and gave the company a “buy” rating in a research report on Tuesday. Berenberg Bank restated a “buy” rating and issued a GBX 580 price objective on shares of Molten Ventures in a research report on Tuesday. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 652.

Insider Transactions at Molten Ventures

In other Molten Ventures news, insider Benjamin David Wilkinson acquired 7,197 shares of the stock in a transaction dated Wednesday, September 17th. The stock was purchased at an average cost of GBX 348 per share, for a total transaction of £25,045.56. Insiders purchased a total of 14,686 shares of company stock valued at $5,110,728 over the last ninety days. 1.54% of the stock is owned by corporate insiders.

About Molten Ventures

Molten Ventures is a leading British venture capital firm backing Europe’s highest-growth private technology companies.

Our expert investment team stay ahead of the curve, identifying transformative trends and next-generation companies before they break through. We combine multiple pools of capital to invest at all stages of the business lifecycle—from seed and early stage to growth and late stage—focusing on disruptive sectors like Spacetech, Fintech, and AI.