Molten Ventures (LON:GROW) Sets New 52-Week High at $432.00

Molten Ventures Plc (LON:GROW)’s stock price reached a new 52-week high on Thursday . The company traded as high as GBX 432 ($5.71) and last traded at GBX 429.50 ($5.67), with a volume of 356765 shares changing hands. The stock had previously closed at GBX 416.50 ($5.50).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 580 ($7.66) target price on shares of Molten Ventures in a research report on Thursday, August 22nd.

Molten Ventures Stock Performance

The company has a market capitalization of £763.04 million, a price-to-earnings ratio of -1,954.76 and a beta of 1.25. The company has a current ratio of 6.44, a quick ratio of 4.37 and a debt-to-equity ratio of 7.15. The stock has a 50-day simple moving average of GBX 388.36 and a 200-day simple moving average of GBX 330.99.

Molten Ventures Company Profile

Molten Ventures Plc, formerly known as Draper Esprit plc, is a private equity and venture capital firm specializing in any stage in the lifecycle of a business from seed and series A stage, growth capital to pre-IPO investments, late stage, start-ups, cross-stage investments, buyouts, PIPES, and also makes direct and secondary investments in portfolio companies.