BioPharma Credit (LON:BPCP) Hits New 1-Year High – Here’s Why

BioPharma Credit PLC (LON:BPCP – Get Free Report) shares hit a new 52-week high during trading on Wednesday. The stock traded as high as GBX 75.40 and last traded at GBX 75.40, with a volume of 44,492 shares traded. The stock had previously closed at GBX 73.60.

BioPharma Credit Stock Performance

The firm’s fifty day simple moving average is GBX 72.92 and its 200-day simple moving average is GBX 71.25. The stock has a market cap of £1.04 billion, a P/E ratio of 11.14 and a beta of 0.18.

About BioPharma Credit

(Get Free Report)

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.

Further Reading

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