Molten Ventures (LON:GROW) Given “Buy” Rating at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Molten Ventures (LON:GROW) in a report released on Wednesday morning,Digital Look reports. Berenberg Bank currently has a GBX 580 ($7.37) target price on the stock.

Molten Ventures Stock Down 2.2 %

LON GROW opened at GBX 324.26 ($4.12) on Wednesday. The stock’s 50-day moving average price is GBX 363.98 and its 200-day moving average price is GBX 372.36. The company has a quick ratio of 4.37, a current ratio of 6.44 and a debt-to-equity ratio of 7.15. Molten Ventures has a 52 week low of GBX 210.40 ($2.67) and a 52 week high of GBX 432.50 ($5.50). The company has a market capitalization of £601.08 million, a P/E ratio of -1,544.09 and a beta of 1.25.

Insider Activity at Molten Ventures

In other Molten Ventures news, insider Benjamin David Wilkinson bought 13,007 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The shares were bought at an average price of GBX 309 ($3.93) per share, with a total value of £40,191.63 ($51,069.42). 8.56% of the stock is owned by corporate insiders.

About Molten Ventures

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.