The Biotech Growth Trust PLC (LON:BIOG – Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 766.89 ($10.15) and traded as low as GBX 669.96 ($8.87). The Biotech Growth Trust shares last traded at GBX 684 ($9.05), with a volume of 107,467 shares trading hands.
The Biotech Growth Trust Price Performance
The company has a market capitalization of £195.27 million, a P/E ratio of 2.29 and a beta of 0.50. The company’s 50-day simple moving average is GBX 766.89 and its 200 day simple moving average is GBX 878.25. The company has a quick ratio of 0.00, a current ratio of 0.59 and a debt-to-equity ratio of 11.02.
The Biotech Growth Trust Company Profile
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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