British Smaller Companies VCT2 (LON:BSC) Trading 1.9% Higher – Still a Buy?

British Smaller Companies VCT2 (LON:BSC) shares traded up 1.9% on Monday . The stock traded as high as GBX 53.50 ($0.69) and last traded at GBX 53.50 ($0.69). 8 shares traded hands during trading, a decline of 100% from the average session volume of 131,546 shares. The stock had previously closed at GBX 52.50 ($0.68).

British Smaller Companies VCT2 Stock Up 1.9 %

The company has a market cap of £160.06 million, a P/E ratio of 23.57 and a beta of -0.01. The company’s 50-day moving average is GBX 52.62 and its two-hundred day moving average is GBX 53.48.

British Smaller Companies VCT2 Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, January 27th. Shareholders of record on Tuesday, December 24th were issued a dividend of GBX 1 ($0.01) per share. This represents a yield of 1.87%. The ex-dividend date of this dividend was Tuesday, December 24th. British Smaller Companies VCT2’s dividend payout ratio (DPR) is presently 176.21%.

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.