Shares of The Biotech Growth Trust PLC (LON:BIOG - Get Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 766.89 ($10.16) and traded as low as GBX 669.96 ($8.88). The Biotech Growth Trust shares last traded at GBX 684 ($9.06), with a volume of 107,467 shares trading hands.
The Biotech Growth Trust Stock Performance
The company has a fifty day moving average price of GBX 753.45 and a two-hundred day moving average price of GBX 867.92. The company has a debt-to-equity ratio of 11.02, a current ratio of 0.59 and a quick ratio of 0.00. The company has a market capitalization of £199.41 million, a P/E ratio of 2.34 and a beta of 0.50.
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).
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