The Biotech Growth Trust (LON:BIOG) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

The Biotech Growth Trust PLC (LON:BIOGGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1,228.88 and traded as low as GBX 1,225. The Biotech Growth Trust shares last traded at GBX 1,255, with a volume of 49,575 shares trading hands.

The Biotech Growth Trust Stock Up 0.8%

The company has a debt-to-equity ratio of 11.02, a current ratio of 0.59 and a quick ratio of 0.00. The business’s fifty day moving average price is GBX 1,228.88 and its two-hundred day moving average price is GBX 1,107.62. The stock has a market capitalization of £260.39 million, a PE ratio of -87.76 and a beta of 0.50.

The Biotech Growth Trust (LON:BIOGGet Free Report) last issued its earnings results on Thursday, November 20th. The company reported GBX (1) EPS for the quarter. The Biotech Growth Trust had a net margin of 95.33% and a return on equity of 26.96%.

About The Biotech Growth Trust

(Get Free Report)

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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