Baronsmead Second Venture Trust (LON:BMD) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Baronsmead Second Venture Trust (LON:BMD)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 51.56 ($0.67) and traded as low as GBX 51 ($0.66). Baronsmead Second Venture Trust shares last traded at GBX 52 ($0.67), with a volume of 25,864 shares trading hands.

Baronsmead Second Venture Trust Trading Up 2.0 %

The company’s 50 day moving average price is GBX 51.50 and its two-hundred day moving average price is GBX 53.55. 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 posted its quarterly earnings results on Tuesday, December 24th. The company reported GBX 0.48 ($0.01) EPS for the quarter. Baronsmead Second Venture Trust had a return on equity of 1.95% and a net margin of 38.32%.

Baronsmead Second Venture Trust Increases Dividend

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

Insider Buying and Selling

In related news, insider Adriana Stirling purchased 18,002 shares of the stock in a transaction that occurred on Thursday, February 20th. The stock was bought at an average cost of GBX 56 ($0.73) per share, for a total transaction of £10,081.12 ($13,051.68). 0.15% of the stock is currently owned by company insiders.

About Baronsmead Second Venture Trust

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.