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

Bioventix logo with Medical background

Key Points

  • Bioventix PLC stock price fell below its fifty-day moving average of GBX 2,549.92, trading as low as GBX 2,448.13 on Monday.
  • The company's market capitalization stands at £126.71 million, with a P/E ratio of 1,637.19, indicating a potentially overvalued stock.
  • Bioventix specializes in creating and supplying sheep monoclonal antibodies for various diagnostic applications, including offerings for thyroid, vitamin D, and oncology.
  • Interested in Bioventix? Here are five stocks we like better.

Bioventix PLC (LON:BVXP - Get Free Report)'s share price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 2,549.92 ($34.36) and traded as low as GBX 2,448.13 ($32.98). Bioventix shares last traded at GBX 2,500 ($33.68), with a volume of 16,051 shares.

Bioventix Trading Down 0.6%

The stock's 50-day moving average price is GBX 2,530.37 and its 200-day moving average price is GBX 2,638.97. The company has a market capitalization of £126.76 million, a P/E ratio of 1,637.86 and a beta of 0.35.

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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