BioPharma Credit (LON:BPCP) Shares Down 1.1% – Here’s Why

BioPharma Credit PLC (LON:BPCPGet Free Report)’s stock price dropped 1.1% during trading on Monday . The company traded as low as GBX 66.40 and last traded at GBX 66.74. Approximately 250,677 shares traded hands during mid-day trading, an increase of 58% from the average daily volume of 159,158 shares. The stock had previously closed at GBX 67.46.

BioPharma Credit Stock Performance

The firm has a market capitalization of £916.91 million, a price-to-earnings ratio of 9.86 and a beta of 0.22. The firm has a fifty day moving average price of GBX 67.87 and a 200 day moving average price of GBX 67.43.

About BioPharma Credit

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BioPharma Credit PLC, an investment trust, primarily invests in interest-bearing debt assets. Its debt assets are secured by royalties or other cash flows derived from the sales of approved life sciences products. BioPharma Credit PLC was incorporated in 2016 and is based in London, the United Kingdom.

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