Baronsmead Second Venture Trust (LON:BMD) Reaches New 1-Year Low – What’s Next?

by · The Cerbat Gem

Baronsmead Second Venture Trust (LON:BMD – Get Free Report) shares hit a new 52-week low on Wednesday . The company traded as low as GBX 50 ($0.63) and last traded at GBX 50 ($0.63), with a volume of 1 shares changing hands. The stock had previously closed at GBX 51 ($0.64).

Baronsmead Second Venture Trust Trading Down 2.0 %

The company has a market cap of £195.84 million, a price-to-earnings ratio of 43.24 and a beta of 0.24. The business has a fifty day moving average price of GBX 52.93 and a two-hundred day moving average price of GBX 54.53.

Baronsmead Second Venture Trust (LON:BMD – Get Free Report) last issued 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 return on equity of 1.95% and a net margin of 38.32%.

Baronsmead Second Venture Trust Increases Dividend

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

Insider Buying and Selling

In other 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 purchased at an average price of GBX 56 ($0.71) per share, for a total transaction of £10,081.12 ($12,736.73). 0.15% of the stock is currently owned by corporate insiders.

About Baronsmead Second Venture Trust

(Get Free Report)

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.

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