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International Biotechnology (LON:IBT) Share Price Crosses Above 200-Day Moving Average - Here's What Happened

International Biotechnology logo with Financial Services background

International Biotechnology (LON:IBT - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 663.05 ($8.60) and traded as high as GBX 682 ($8.84). International Biotechnology shares last traded at GBX 682 ($8.84), with a volume of 23,940 shares traded.

International Biotechnology Trading Up 0.9 %

The company's 50 day moving average price is GBX 680.72 and its two-hundred day moving average price is GBX 663.05. The company has a debt-to-equity ratio of 9.66, a current ratio of 0.46 and a quick ratio of 0.32. The stock has a market capitalization of £252.07 million, a PE ratio of 1,420.83 and a beta of 0.21.

About International Biotechnology

(Get Free Report)

International Biotechnology Trust plc specializes in investments in development stage and late stage companies. The majority of the fund's assets are generally invested in smaller and mid-capitalization quoted companies, with a minority in larger capitalization quoted companies. It makes long only investments.

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