Shares of The Biotech Growth Trust PLC (LON:BIOG – Get Free Report) were up 3.5% on Monday. The stock traded as high as GBX 1,412.60 and last traded at GBX 1,404. 30,052 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 85,642 shares. The stock had previously closed at GBX 1,356.
The Biotech Growth Trust Stock Performance
The company has a current ratio of 0.89, a quick ratio of 0.00 and a debt-to-equity ratio of 4.37. The firm has a market capitalization of £264.68 million, a price-to-earnings ratio of 2.59 and a beta of 0.61. The stock has a fifty day moving average price of GBX 1,477.20 and a 200-day moving average price of GBX 1,412.95.
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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