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4basebio (LON:4BB) Stock Price Down 2% - Time to Sell?

4basebio logo with Medical background

Shares of 4basebio PLC (LON:4BB - Get Free Report) traded down 2% on Wednesday . The company traded as low as GBX 1,200 ($15.21) and last traded at GBX 1,200 ($15.21). 3,555 shares traded hands during trading, a decline of 19% from the average session volume of 4,376 shares. The stock had previously closed at GBX 1,225 ($15.53).

4basebio Price Performance

The stock has a market cap of £151.80 million, a P/E ratio of -1,506.41 and a beta of 1.09. The company has a debt-to-equity ratio of 201.47, a quick ratio of 3.52 and a current ratio of 2.73. The firm has a 50-day moving average price of GBX 1,297.77 and a 200-day moving average price of GBX 1,410.40.

Insiders Place Their Bets

In other 4basebio news, insider Heikki Lanckriet acquired 46,500 shares of the company's stock in a transaction that occurred on Friday, November 15th. The shares were acquired at an average price of GBX 1,325 ($16.80) per share, with a total value of £616,125 ($780,992.52). 68.44% of the stock is owned by corporate insiders.

4basebio Company Profile

(Get Free Report)

4basebio PLC engages in the research, development, manufacturing, and commercialization of synthetic DNA and RNA products, and targeted non-viral vector solutions in the United States, Europe, and internationally. The company offers AVV and Lentivirus manufacturing services for use in gene therapies and vaccines.

Further Reading

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