The Biotech Growth Trust PLC (LON:BIOG - Get Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 823.62 ($10.62) and traded as low as GBX 726 ($9.36). The Biotech Growth Trust shares last traded at GBX 754 ($9.72), with a volume of 503,509 shares changing hands.
The Biotech Growth Trust Price Performance
The company has a market cap of £195.98 million, a price-to-earnings ratio of 2.30 and a beta of 0.50. The company has a current ratio of 0.59, a quick ratio of 0.00 and a debt-to-equity ratio of 11.02. The business has a 50-day moving average price of GBX 812.76 and a 200 day moving average price of GBX 902.25.
Insider Activity
In other news, insider Nicola Shepherd acquired 1,000 shares of the firm's stock in a transaction that occurred on Monday, January 13th. The stock was purchased at an average price of GBX 846 ($10.91) per share, with a total value of £8,460 ($10,909.09). 0.71% of the stock is currently owned by company insiders.
The Biotech Growth Trust Company Profile
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The Biotech Growth Trust seeks capital appreciation through investment in the worldwide biotechnology industry. In order to achieve its investment objective, the Company invests in a diversified portfolio of shares and related securities in biotechnology companies on a worldwide basis. Performance is measured against the NASDAQ Biotechnology Index (sterling adjusted).
See Also
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