The Biotech Growth Trust PLC (LON:BIOG – Get Free Report)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,233.35 and traded as low as GBX 1,175. The Biotech Growth Trust shares last traded at GBX 1,205.10, with a volume of 506,357 shares trading hands.
The Biotech Growth Trust Stock Down 1.6%
The company has a market capitalization of £249.01 million, a price-to-earnings ratio of -84.62 and a beta of 0.63. The stock has a fifty day moving average price of GBX 1,231.05 and a two-hundred day moving average price of GBX 1,167.05.
About The Biotech Growth Trust
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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