The Biotech Growth Trust PLC (LON:BIOG – Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 1,019.08 ($13.63) and traded as low as GBX 1,016 ($13.59). The Biotech Growth Trust shares last traded at GBX 1,018 ($13.62), with a volume of 55,641 shares changing hands.
The Biotech Growth Trust Trading Down 1.2 %
The company has a debt-to-equity ratio of 13.03, a quick ratio of 0.00 and a current ratio of 0.33. The company has a market cap of £323.23 million, a price-to-earnings ratio of 491.79 and a beta of 0.50. The company’s fifty day moving average is GBX 1,019.08 and its two-hundred day moving average is GBX 992.32.
About The Biotech Growth Trust
The Biotech Growth Trust PLC is a closed ended equity mutual fund launched by Frostrow Capital LLP. It is co-managed by OrbiMed Capital LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the biotechnology sector. The fund invests in stocks of companies across all market capitalizations.
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