Avacta Group (LON:AVCT) Stock Passes Below Two Hundred Day Moving Average of $23.68

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Shares of Avacta Group Plc (LON:AVCT) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $23.68 and traded as low as $16.00. Avacta Group shares last traded at $16.77, with a volume of 53,202 shares.

Separately, FinnCap reissued a “corporate” rating on shares of Avacta Group in a research note on Wednesday, November 13th.

The company has a market cap of $28.85 million and a P/E ratio of -1.86. The stock has a 50-day moving average of GBX 17.23 and a 200 day moving average of GBX 23.42.

In other news, insider Trevor Nichols bought 107,455 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were bought at an average cost of GBX 18 ($0.24) per share, for a total transaction of £19,341.90 ($25,273.62).

Avacta Group Company Profile (LON:AVCT)

Avacta Group Plc offers reagents and therapeutics based on Affimer technology for diagnostic and research applications in the United Kingdom. It operates through two segments, Life Sciences and Animal Health. The company's custom Affimer products are also used in drugs and biomarkers discovery in biotech research and development.

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