Molten Ventures Plc (LON:GROW – Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 304.04 ($3.94) and traded as low as GBX 259.50 ($3.36). Molten Ventures shares last traded at GBX 267.50 ($3.47), with a volume of 417,586 shares traded.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 580 ($7.51) price target on shares of Molten Ventures in a research note on Wednesday, December 4th.
Get Our Latest Stock Analysis on Molten Ventures
Molten Ventures Stock Performance
Insider Buying and Selling at Molten Ventures
In other Molten Ventures news, insider Benjamin David Wilkinson purchased 16,258 shares of Molten Ventures stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average price of GBX 306 ($3.96) per share, with a total value of £49,749.48 ($64,442.33). Also, insider Andrew Zimmermann acquired 2,211 shares of the stock in a transaction on Friday, January 31st. The shares were acquired at an average price of GBX 314 ($4.07) per share, with a total value of £6,942.54 ($8,992.93). 8.56% of the stock is owned by corporate insiders.
Molten Ventures Company Profile
Molten Ventures is one of the most active venture capital firms in Europe, developing and investing in disruptive, high growth technology companies. We believe it is our role to support the visionary entrepreneurs who will invent the future. We fuel their growth with our ‘energy’ in the form of truly patient capital, access to international networks and decades of experience building businesses.
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