Baronsmead Second Venture Trust (LON:BMD) Hits New 12-Month Low – Here’s Why

Baronsmead Second Venture Trust (LON:BMD) shares reached a new 52-week low on Tuesday . The company traded as low as GBX 50 ($0.65) and last traded at GBX 50 ($0.65), with a volume of 16370 shares changing hands. The stock had previously closed at GBX 51 ($0.66).

Baronsmead Second Venture Trust Trading Up 2.0 %

The company’s 50-day simple moving average is GBX 51.64 and its 200 day simple moving average is GBX 53.73. The stock has a market cap of £203.67 million, a P/E ratio of 44.97 and a beta of 0.24.

Baronsmead Second Venture Trust (LON:BMD) last released its earnings results on Tuesday, December 24th. The company reported GBX 0.48 ($0.01) earnings per share for the quarter. Baronsmead Second Venture Trust had a net margin of 38.32% and a return on equity of 1.95%.

Baronsmead Second Venture Trust Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 17th. Investors of record on Thursday, February 13th were paid a GBX 2.25 ($0.03) dividend. This is a boost from Baronsmead Second Venture Trust’s previous dividend of $1.75. This represents a yield of 4.21%. The ex-dividend date of this dividend was Thursday, February 13th. Baronsmead Second Venture Trust’s payout ratio is currently 345.90%.

Insider Activity at Baronsmead Second Venture Trust

In related news, insider Adriana Stirling acquired 18,002 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The shares were acquired at an average price of GBX 56 ($0.73) per share, with a total value of £10,081.12 ($13,114.51). 0.15% of the stock is currently owned by corporate insiders.

Baronsmead Second Venture Trust Company Profile

Baronsmead Second Venture Trust plc is a venture capital trust managed by ISIS Equity Partners LLP. It invests in a portfolio of unquoted companies in the United Kingdom. The trust primarily invests in the media, business services, consumer, information technology support services, technology-enabled companies, and healthcare sectors.