British Smaller Companies VCT2 (LON:BSC) Stock Price Down 2.7% – Time to Sell?

British Smaller Companies VCT2 (LON:BSC) shares fell 2.7% during trading on Friday . The stock traded as low as GBX 53.50 ($0.72) and last traded at GBX 53.50 ($0.72). 100 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 55,311 shares. The stock had previously closed at GBX 55 ($0.74).

British Smaller Companies VCT2 Stock Performance

The company’s fifty day moving average is GBX 54.84 and its 200 day moving average is GBX 55.52. The company has a market capitalization of £122.29 million, a P/E ratio of 1,783.33 and a beta of -0.01.

British Smaller Companies VCT2 Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, October 3rd will be given a dividend of GBX 1.50 ($0.02) per share. This represents a dividend yield of 2.73%. The ex-dividend date is Thursday, October 3rd. British Smaller Companies VCT2’s dividend payout ratio (DPR) is currently 13,333.33%.

British Smaller Companies VCT2 Company Profile

British Smaller Companies VCT 2 plc is a venture capital trust specializing in emerging growth, growth capital, acquisition funding, and development funding. It is an evergreen fund. The fund invests in a range of securities which may include ordinary and preference shares and fixed income securities, such as corporate bonds and gilts in VCT qualifying and non-qualifying securities.