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Bioventix (LON:BVXP) Share Price Crosses Below Two Hundred Day Moving Average - Here's Why

Bioventix logo with Medical background

Bioventix PLC (LON:BVXP - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,184.98 ($42.36) and traded as low as GBX 2,460 ($32.72). Bioventix shares last traded at GBX 2,493 ($33.16), with a volume of 18,396 shares traded.

Bioventix Stock Performance

The company has a market capitalization of £135.44 million, a price-to-earnings ratio of 16.73 and a beta of 0.35. The company has a 50-day moving average price of GBX 2,665.01 and a 200-day moving average price of GBX 3,153.14.

Bioventix (LON:BVXP - Get Free Report) last issued its earnings results on Monday, March 31st. The biotechnology company reported GBX 72.27 ($0.96) EPS for the quarter. Bioventix had a net margin of 59.51% and a return on equity of 69.09%. As a group, sell-side analysts anticipate that Bioventix PLC will post 166.3066955 earnings per share for the current fiscal year.

Bioventix Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 25th. Investors of record on Thursday, April 10th were paid a dividend of GBX 70 ($0.93) per share. This represents a yield of 2.95%. The ex-dividend date was Thursday, April 10th. Bioventix's payout ratio is presently 102.19%.

About Bioventix

(Get Free Report)

Bioventix PLC creates, manufactures, and supplies sheep monoclonal antibodies (SMAs) for diagnostic applications worldwide. The company offers a portfolio of purified SMAs for thyroid, vitamin D, cardiac, drugs of abuse, fertility, oncology, and miscellaneous indications; and Pyrene (HOP-G) ELISA kit to monitor human exposure to industrial pollutants.

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