The Biotech Growth Trust PLC (LON:BIOG - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1,030.17 ($13.41) and traded as low as GBX 1,016 ($13.23). The Biotech Growth Trust shares last traded at GBX 1,036 ($13.49), with a volume of 65,318 shares.
The Biotech Growth Trust Stock Down 1.0 %
The firm's 50-day simple moving average is GBX 1,030.17 and its 200 day simple moving average is GBX 1,002.63. The company has a debt-to-equity ratio of 13.03, a quick ratio of 0.00 and a current ratio of 0.33. The company has a market cap of £329.65 million, a P/E ratio of 495.27 and a beta of 0.50.
The Biotech Growth Trust Company Profile
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The Biotech Growth Trust PLC is a closed ended equity mutual fund launched by Frostrow Capital LLP. It is co-managed by OrbiMed Capital LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the biotechnology sector. The fund invests in stocks of companies across all market capitalizations.
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