The Biotech Growth Trust PLC (LON:BIOG – Get Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 970.20 ($12.33) and traded as low as GBX 962 ($12.22). The Biotech Growth Trust shares last traded at GBX 965 ($12.26), with a volume of 26,764 shares traded.
The Biotech Growth Trust Price Performance
The company has a market cap of £330.97 million, a price-to-earnings ratio of -419.57 and a beta of 0.51. The company’s 50 day moving average price is GBX 970.20 and its 200-day moving average price is GBX 938.55. The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.00 and a current ratio of 0.30.
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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