Baronsmead Second Venture Trust (LON:BMD) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Baronsmead Second Venture Trust (LON:BMD)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 51.56 ($0.67) and traded as low as GBX 51 ($0.66). Baronsmead Second Venture Trust shares last traded at GBX 52 ($0.67), with a volume of 25,864 shares trading hands.

Baronsmead Second Venture Trust Stock Up 2.0 %

The firm has a 50 day moving average price of GBX 51.50 and a 200 day moving average price of GBX 53.55. The stock has a market cap of £203.67 million, a PE ratio of 44.97 and a beta of 0.24.

Baronsmead Second Venture Trust (LON:BMD) last posted 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 firm also recently disclosed a dividend, which was paid on Monday, March 17th. Investors of record on Thursday, February 13th were paid a GBX 2.25 ($0.03) dividend. This is an increase from Baronsmead Second Venture Trust’s previous dividend of $1.75. The ex-dividend date of this dividend was Thursday, February 13th. This represents a yield of 4.21%. Baronsmead Second Venture Trust’s payout ratio is 345.90%.

Insider Buying and Selling at Baronsmead Second Venture Trust

In related news, insider Adriana Stirling purchased 18,002 shares of Baronsmead Second Venture Trust stock in a transaction dated Thursday, February 20th. The stock was purchased at an average cost of GBX 56 ($0.73) per share, with a total value of £10,081.12 ($13,051.68). Insiders own 0.15% of the company’s stock.

Baronsmead Second Venture Trust Company Profile

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.