The Biotech Growth Trust PLC (LON:BIOG - Get Free Report)'s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 832.17 ($10.77) and traded as low as GBX 760 ($9.84). The Biotech Growth Trust shares last traded at GBX 776 ($10.05), with a volume of 223,188 shares.
The Biotech Growth Trust Price Performance
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 firm has a market capitalization of £216.10 million, a price-to-earnings ratio of 2.54 and a beta of 0.50. The company's 50 day moving average is GBX 830.11 and its 200-day moving average is GBX 918.69.
Insider Activity
In related news, insider Nicola Shepherd bought 1,000 shares of the business's stock in a transaction dated Monday, January 13th. The stock was bought at an average price of GBX 846 ($10.95) per share, for a total transaction of £8,460 ($10,952.87). Insiders own 0.71% of the company's stock.
About The Biotech Growth Trust
(
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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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