Shares of The Biotech Growth Trust PLC (LON:BIOG - Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 750.93 ($10.01) and traded as low as GBX 720 ($9.59). The Biotech Growth Trust shares last traded at GBX 734 ($9.78), with a volume of 45,707 shares traded.
The Biotech Growth Trust Stock Performance
The company has a market cap of £212.55 million, a P/E ratio of 2.50 and a beta of 0.50. The firm has a 50-day moving average of GBX 740.59 and a 200 day moving average of GBX 857.17. The company has a current ratio of 0.59, a quick ratio of 0.00 and a debt-to-equity ratio of 11.02.
About The Biotech Growth Trust
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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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