BioPharma Credit PLC (LON:BPCP – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 74 and last traded at GBX 74, with a volume of 70866 shares changing hands. The stock had previously closed at GBX 71.10.
BioPharma Credit Trading Up 2.2%
The company has a market capitalization of £998.05 million, a price-to-earnings ratio of 10.73 and a beta of 0.17. The firm’s 50 day simple moving average is GBX 70.08 and its 200-day simple moving average is GBX 69.04.
About BioPharma Credit
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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