Molten Ventures (LON:GROW) Trading Up 13.9% – Time to Buy?

Molten Ventures Plc (LON:GROW) was up 13.9% on Thursday . The company traded as high as GBX 470 ($6.26) and last traded at GBX 468.98 ($6.24). Approximately 1,126,359 shares traded hands during trading, an increase of 12% from the average daily volume of 1,007,549 shares. The stock had previously closed at GBX 411.80 ($5.48).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 580 target price on shares of Molten Ventures in a research note on Thursday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Molten Ventures currently has a consensus rating of “Buy” and an average target price of GBX 580.

Molten Ventures Stock Up 4.0%

The company has a market cap of £864.96 million, a P/E ratio of -1,227.50 and a beta of 1.25. The company has a debt-to-equity ratio of 7.15, a current ratio of 197.67 and a quick ratio of 4.37. The company’s 50-day moving average is GBX 381.33 and its two-hundred day moving average is GBX 333.38.

Insider Activity at Molten Ventures

In other news, insider Benjamin David Wilkinson purchased 7,197 shares of Molten Ventures stock in a transaction that occurred on Wednesday, September 17th. The stock was bought at an average price of GBX 348 per share, with a total value of £25,045.56. Also, insider Stuart Malcolm Chapman sold 112,931 shares of Molten Ventures stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of GBX 371, for a total transaction of £418,974.01. Insiders have purchased 14,686 shares of company stock valued at $5,110,728 in the last three months. 1.54% of the stock is owned by insiders.

Molten Ventures Company Profile

Molten Ventures is a leading British venture capital firm backing Europe’s highest-growth private technology companies.

Our expert investment team stay ahead of the curve, identifying transformative trends and next-generation companies before they break through. We combine multiple pools of capital to invest at all stages of the business lifecycle—from seed and early stage to growth and late stage—focusing on disruptive sectors like Spacetech, Fintech, and AI.