The Biotech Growth Trust PLC (LON:BIOG – Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,274.63 and traded as high as GBX 1,368. The Biotech Growth Trust shares last traded at GBX 1,324, with a volume of 71,035 shares traded.
The Biotech Growth Trust Stock Down 2.1%
The firm has a market cap of £259.52 million, a P/E ratio of -92.59 and a beta of 0.59. The company’s 50 day simple moving average is GBX 1,274.63 and its 200-day simple moving average is GBX 1,235.52.
About The Biotech Growth Trust
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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