Bioventix (LON:BVXP) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Bioventix PLC (LON:BVXP) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,595.09 and traded as high as GBX 1,750. Bioventix shares last traded at GBX 1,620, with a volume of 3,393 shares.

Bioventix Trading Down 2.8%

The company has a market capitalization of £82.29 million, a PE ratio of 11.21 and a beta of 0.56. The firm has a fifty day moving average of GBX 1,595.09 and a two-hundred day moving average of GBX 1,623.28.

Insiders Place Their Bets

In related news, insider Bruce Hiscock purchased 534 shares of the business’s stock in a transaction that occurred on Wednesday, June 24th. The shares were acquired at an average price of GBX 1,799 per share, for a total transaction of £9,606.66. 6.23% of the stock is currently owned by company insiders.

Bioventix Company Profile

Bioventix PLC creates, manufactures, and supplies sheep monoclonal antibodies (SMAs) for diagnostic applications worldwide. The company offers a portfolio of purified SMAs for thyroid, vitamin D, cardiac, drugs of abuse, fertility, oncology, and miscellaneous indications; and Pyrene (HOP-G) ELISA kit to monitor human exposure to industrial pollutants. It also provides contract SMAs and recombinant services. Bioventix PLC was incorporated in 2003 and is based in Farnham, United Kingdom.