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Bioventix (LON:BVXP) Stock Price Crosses Below 50 Day Moving Average - Here's Why

Bioventix logo with Medical background

Bioventix PLC (LON:BVXP - Get Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 2,779.60 ($37.49) and traded as low as GBX 2,616.67 ($35.29). Bioventix shares last traded at GBX 2,650 ($35.74), with a volume of 9,965 shares trading hands.

Bioventix Price Performance

The firm has a market capitalization of £145.26 million, a PE ratio of 17.94 and a beta of 0.35. The business's 50 day moving average is GBX 2,780.24 and its two-hundred day moving average is GBX 2,824.43.

Insider Activity at Bioventix

In other Bioventix news, insider Bruce Hiscock purchased 31 shares of the firm's stock in a transaction on Monday, April 28th. The shares were purchased at an average cost of GBX 2,632 ($35.50) per share, with a total value of £815.92 ($1,100.36). Company insiders own 8.02% of the company's stock.

Bioventix Company Profile

(Get Free Report)

Bioventix PLC creates, manufactures, and supplies sheep monoclonal antibodies (SMAs) for diagnostic applications worldwide. The company offers a portfolio of purified SMAs for thyroid, vitamin D, cardiac, drugs of abuse, fertility, oncology, and miscellaneous indications; and Pyrene (HOP-G) ELISA kit to monitor human exposure to industrial pollutants.

Further Reading

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