Molten Ventures (OTCMKTS:GRWXF) Trading Down 3% – Here’s What Happened

Molten Ventures (OTCMKTS:GRWXF)’s share price traded down 3% during mid-day trading on Monday . The company traded as low as $6.40 and last traded at $6.40. 1,000 shares were traded during mid-day trading, an increase of 64% from the average session volume of 611 shares. The stock had previously closed at $6.60.

Wall Street Analysts Forecast Growth

Separately, Barclays raised shares of Molten Ventures to an “overweight” rating in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Molten Ventures currently has an average rating of “Buy”.

Molten Ventures Price Performance

The business’s 50-day simple moving average is $6.73 and its 200-day simple moving average is $5.87.

Molten Ventures Company Profile

Molten Ventures plc (OTCMKTS:GRWXF) is a London-based venture capital and growth equity firm specializing in technology investments across Europe. The company partners with early-stage and growth-stage enterprises, providing capital, strategic guidance and access to its global network of industry experts. Its investment focus spans software, fintech, healthtech, deep tech and consumer technology sectors, where it seeks to back teams with disruptive business models and high growth potential.

Since its founding in 2006—originally operating as Draper Esprit and rebranded to Molten Ventures in mid-2021—the firm has managed multiple EUR-denominated funds and participated in a broad range of financing rounds from seed through later-stage.