Insider Selling: Molten Ventures VCT (LON:MVCT) Insider Sells £143,939.06 in Stock

Molten Ventures VCT plc (LON:MVCT) insider Richard Marsh sold 378,787 shares of the stock in a transaction on Monday, July 20th. The shares were sold at an average price of GBX 38, for a total transaction of £143,939.06.

Molten Ventures VCT Price Performance

Shares of MVCT opened at GBX 38.80 on Friday. The company has a market cap of £122.77 million, a PE ratio of 97.00 and a beta of 0.10. The firm has a 50-day moving average of GBX 38.11 and a 200-day moving average of GBX 38.34. Molten Ventures VCT plc has a one year low of GBX 28 and a one year high of GBX 40.20.

Wall Street Analyst Weigh In

Separately, Berenberg Bank upped their price objective on Molten Ventures VCT from GBX 645 to GBX 790 and gave the company a “buy” rating in a research note on Tuesday, June 9th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 790.

About Molten Ventures VCT

Draper Esprit VCT plc is a venture capital fund manager. It is a Venture Capital Trust. It specializes in directly investing. It specializes in early venture, mid venture, and late venture. The fund prefers investing in growth capital. It invests in health care and software and services. The fund seeks to invest in United Kingdom.