Molten Ventures’ (GROW) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Molten Ventures (LON:GROW) in a research note published on Tuesday morning, Marketbeat.com reports. Berenberg Bank currently has a GBX 580 price objective on the stock.

Molten Ventures Price Performance

Shares of LON:GROW opened at GBX 471.78 on Tuesday. The stock has a market cap of £829.25 million, a price-to-earnings ratio of -1,179.45 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. Molten Ventures has a 12 month low of GBX 215.60 and a 12 month high of GBX 498.40. The stock’s 50 day moving average price is GBX 420.70 and its 200 day moving average price is GBX 364.48.

Molten Ventures (LON:GROW) last issued its quarterly earnings results on Tuesday, November 25th. The company reported GBX 42 earnings per share (EPS) for the quarter. Molten Ventures had a negative return on equity of 3.42% and a negative net margin of 369.09%. Equities research analysts anticipate that Molten Ventures will post 36.9209809 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Molten Ventures news, insider Benjamin David Wilkinson purchased 7,197 shares of the company’s stock in a transaction on Wednesday, September 17th. The shares were purchased at an average cost of GBX 348 per share, for a total transaction of £25,045.56. Insiders have bought 14,686 shares of company stock valued at $5,110,728 in the last quarter. 1.54% of the stock is currently owned by insiders.

About Molten Ventures

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.