The Biotech Growth Trust PLC (LON:BIOG – Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 1,513.69 and traded as high as GBX 1,716. The Biotech Growth Trust shares last traded at GBX 1,702.32, with a volume of 70,145 shares traded.
The Biotech Growth Trust Price Performance
The company has a debt-to-equity ratio of 4.37, a quick ratio of 0.00 and a current ratio of 0.89. The company has a 50-day moving average of GBX 1,532.61 and a 200-day moving average of GBX 1,358.72. The firm has a market capitalization of £330.95 million, a price-to-earnings ratio of 3.10 and a beta of 0.59.
The Biotech Growth Trust (LON:BIOG – Get Free Report) last announced its quarterly earnings results on Wednesday, June 3rd. The company reported GBX (1.90) earnings per share for the quarter. The company had revenue of GBX 43 million during the quarter. The Biotech Growth Trust had a net margin of 96.47% and a return on equity of 48.26%.
The Biotech Growth Trust Company Profile
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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