Biome Technologies (LON:BIOM) Stock Price Up 23.3% – Still a Buy?

Biome Technologies plc (LON:BIOMGet Free Report) traded up 23.3% on Wednesday . The company traded as high as GBX 1.45 ($0.02) and last traded at GBX 1.23 ($0.02). 565,120 shares changed hands during mid-day trading, an increase of 341% from the average session volume of 128,045 shares. The stock had previously closed at GBX 1 ($0.01).

Biome Technologies Price Performance

The company has a debt-to-equity ratio of 5,633.33, a current ratio of 1.11 and a quick ratio of 0.90. The firm has a market capitalization of £635,683.12, a PE ratio of -0.04 and a beta of 2.26. The company has a 50-day moving average price of GBX 3.01 and a 200-day moving average price of GBX 5.01.

Biome Technologies Company Profile

(Get Free Report)

The Group comprises two divisions, Biome Bioplastics Limited and Stanelco RF Technologies Limited. Biome Bioplastics is a leading developer of highly-functional, bio-based and biodegradable plastics. The company’s mission is to produce bioplastics that challenge the dominance of oil-based polymers. Stanelco RF Technologies designs, builds and services advanced radio frequency (RF) systems.

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