Baronsmead Second Venture Trust (LON:BMD) Hits New 52-Week Low – Here’s Why

Baronsmead Second Venture Trust (LON:BMD) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 50 ($0.64) and last traded at GBX 50 ($0.64), with a volume of 264330 shares traded. The stock had previously closed at GBX 50 ($0.64).

Baronsmead Second Venture Trust Price Performance

The company has a market capitalization of £195.84 million, a price-to-earnings ratio of 43.24 and a beta of 0.24. The business has a fifty day moving average price of GBX 52.41 and a 200 day moving average price of GBX 54.21.

Baronsmead Second Venture Trust (LON:BMD) last released its earnings results on Tuesday, December 24th. The company reported GBX 0.48 ($0.01) EPS for the quarter. Baronsmead Second Venture Trust had a net margin of 38.32% and a return on equity of 1.95%.

Baronsmead Second Venture Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 17th. Investors of record on Thursday, February 13th will be given a dividend of GBX 2.25 ($0.03) per share. The ex-dividend date is Thursday, February 13th. This is an increase from Baronsmead Second Venture Trust’s previous dividend of $1.75. This represents a yield of 4.21%. Baronsmead Second Venture Trust’s dividend payout ratio (DPR) is 345.90%.

Insider Buying and Selling at Baronsmead Second Venture Trust

In other Baronsmead Second Venture Trust news, insider Adriana Stirling acquired 18,002 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was bought at an average price of GBX 56 ($0.72) per share, for a total transaction of £10,081.12 ($12,896.41). Insiders own 0.15% of the company’s stock.

About Baronsmead Second Venture Trust

Baronsmead Second Venture Trust plc is a venture capital trust managed by ISIS Equity Partners LLP. It invests in a portfolio of unquoted companies in the United Kingdom. The trust primarily invests in the media, business services, consumer, information technology support services, technology-enabled companies, and healthcare sectors.