International Biotechnology (LON:IBT - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 616.57 ($8.36) and traded as high as GBX 715.93 ($9.71). International Biotechnology shares last traded at GBX 708 ($9.60), with a volume of 87,239 shares.
International Biotechnology Price Performance
The company's 50-day moving average price is GBX 658.37 and its two-hundred day moving average price is GBX 616.54. The company has a market capitalization of £232.54 million, a price-to-earnings ratio of 1,427.39 and a beta of 0.21.
International Biotechnology Company Profile
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The Company's investment objective is to achieve long-term capital growth by investing in biotechnology and other life sciences companies.
The Company will seek to achieve its objective by investing in a diversified portfolio of companies which may be quoted or unquoted and whose shares are considered to have good growth prospects, with experienced management and strong potential upside through the development and/or commercialisation of a product, device or enabling technology.
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