Pembroke VCT B (LON:PEMB) Hits New 52-Week Low – What’s Next?

Shares of Pembroke VCT B (LON:PEMB) hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 93.50 ($1.21) and last traded at GBX 96.50 ($1.25), with a volume of 5300 shares trading hands. The stock had previously closed at GBX 95 ($1.23).

Pembroke VCT B Trading Up 1.6 %

The company has a market capitalization of £220.11 million, a P/E ratio of -33.32 and a beta of -0.05. The company’s fifty day moving average is GBX 95.55 and its 200 day moving average is GBX 95.78.

Pembroke VCT B Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Thursday, April 24th will be given a GBX 2 ($0.03) dividend. This represents a dividend yield of 2.11%. The ex-dividend date is Thursday, April 24th. Pembroke VCT B’s dividend payout ratio (DPR) is presently -172.64%.

Pembroke VCT B Company Profile

Established in 2013 and managed by Pembroke Investment Managers LLP, Pembroke VCT plc is a venture capital trust focused on growth stage companies in the design, education, food, beverage and hospitality, wellness, digital services and media sectors. The investment team aims to find exceptional and innovative founders to grow the brands of tomorrow, giving investors the opportunity to share in the growth of some of Britain’s most exciting and entrepreneurial smaller companies.