BioPharma Credit (LON:BPCR) Stock Price Up 0.2% - Time to Buy?

BioPharma Credit (LON:BPCR - Get Free Report)'s share price traded up 0.2% on Tuesday . The stock traded as high as GBX 0.88 ($0.01) and last traded at GBX 0.88 ($0.01). 842,325 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 901,774 shares. The stock had previously closed at GBX 0.88 ($0.01).

BioPharma Credit Stock Performance

The stock has a market cap of £1.04 billion, a PE ratio of 10.00 and a beta of 0.22. The company has a 50 day moving average of GBX 0.86 and a two-hundred day moving average of GBX 0.86.

BioPharma Credit Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, May 7th. Shareholders of record on Thursday, April 3rd were issued a $0.02 dividend. This represents a yield of 1.99%. The ex-dividend date of this dividend was Thursday, April 3rd. BioPharma Credit's payout ratio is currently 7,957.15%.

About BioPharma Credit

BioPharma Credit PLC, an investment trust, primarily invests in interest-bearing debt assets. Its debt assets are secured by royalties or other cash flows derived from the sales of approved life sciences products. The company was incorporated in 2016 and is based in London, the United Kingdom.