International Biotechnology (
LON:IBT -
Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 618.80 ($8.32) and traded as high as GBX 750 ($10.09). International Biotechnology shares last traded at GBX 744 ($10.01), with a volume of 406,400 shares.
International Biotechnology Price Performance
The firm's 50-day simple moving average is GBX 670.36 and its two-hundred day simple moving average is GBX 618.80. The company has a market capitalization of £250.74 million, a price-to-earnings ratio of 1,539.10 and a beta of 0.21.
International Biotechnology Company Profile
(
Get Free Report)
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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