BioPharma Credit (LON:BPCP) Shares Pass Above 200 Day Moving Average – Time to Sell?

BioPharma Credit PLC (LON:BPCPGet Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 68.78 ($0.86) and traded as high as GBX 71.28 ($0.90). BioPharma Credit shares last traded at GBX 71.28 ($0.90), with a volume of 5,025 shares traded.

BioPharma Credit Trading Down 1.6 %

The firm’s 50-day moving average price is GBX 67.59 and its 200 day moving average price is GBX 68.78. The company has a market capitalization of £961.74 million, a price-to-earnings ratio of 1,188.00 and a beta of 0.22.

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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