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Avacta Group (LON:AVCT) Shares Pass Below Two Hundred Day Moving Average - Here's Why

Avacta Group logo with Medical background

Avacta Group Plc (LON:AVCT - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 57.23 ($0.74) and traded as low as GBX 51 ($0.66). Avacta Group shares last traded at GBX 52 ($0.68), with a volume of 681,920 shares traded.

Avacta Group Stock Performance

The company has a debt-to-equity ratio of 63.54, a current ratio of 1.29 and a quick ratio of 4.96. The company has a fifty day moving average of GBX 60.76 and a two-hundred day moving average of GBX 57.23. The stock has a market capitalization of £181.97 million, a P/E ratio of -564.31 and a beta of 1.12.

Insider Activity at Avacta Group

In other news, insider Tony Peter Gardiner sold 500,000 shares of the firm's stock in a transaction dated Friday, August 30th. The shares were sold at an average price of GBX 71 ($0.92), for a total value of £355,000 ($462,119.24). Corporate insiders own 32.90% of the company's stock.

About Avacta Group

(Get Free Report)

Avacta Group Plc develops cancer therapies and diagnostics in the United Kingdom, France, North America, South Korea, and rest of Asia and Europe. The company operates through Diagnostics and Therapeutics segments. It develops products based on its proprietary Affimer and pre|CISION technology platforms.

Further Reading

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