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Insider Buying: The Biotech Growth Trust (LON:BIOG) Insider Buys 369 Shares of Stock

The Biotech Growth Trust logo with Financial Services background

Key Points

  • Julie Tankard, an insider at The Biotech Growth Trust PLC, purchased 369 shares at an average price of GBX 1,072, totaling approximately £3,955.68.
  • Following the insider buying, shares of The Biotech Growth Trust (LON:BIOG) rose by 1.9%, reaching GBX 1,100 during trading.
  • The Biotech Growth Trust focuses on capital appreciation through investments in the global biotechnology sector, aiming to outperform the NASDAQ Biotechnology Index.
  • Five stocks to consider instead of The Biotech Growth Trust.

The Biotech Growth Trust PLC (LON:BIOG - Get Free Report) insider Julie Tankard acquired 369 shares of The Biotech Growth Trust stock in a transaction dated Wednesday, October 15th. The stock was purchased at an average cost of GBX 1,072 per share, for a total transaction of £3,955.68.

The Biotech Growth Trust Trading Up 1.9%

Shares of LON:BIOG traded up GBX 20 during trading on Thursday, reaching GBX 1,100. The stock had a trading volume of 102,845 shares, compared to its average volume of 143,498. The stock has a market cap of £253.91 million, a price-to-earnings ratio of -419.37 and a beta of 0.50. The Biotech Growth Trust PLC has a 52 week low of GBX 612.70 and a 52 week high of GBX 1,105. The firm's fifty day moving average is GBX 939.09 and its 200 day moving average is GBX 806.69. The company has a debt-to-equity ratio of 11.02, a quick ratio of 0.00 and a current ratio of 0.59.

About The Biotech Growth Trust

(Get Free Report)

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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