International Biotechnology (LON:IBT) Shares Pass Above 200 Day Moving Average – Should You Sell?

Shares of International Biotechnology (LON:IBTGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 669.83 ($8.43) and traded as high as GBX 676 ($8.51). International Biotechnology shares last traded at GBX 670 ($8.44), with a volume of 54,729 shares.

International Biotechnology Stock Up 0.6 %

The company has a quick ratio of 0.32, a current ratio of 0.46 and a debt-to-equity ratio of 9.66. The stock has a 50 day simple moving average of GBX 685.95 and a 200 day simple moving average of GBX 670.54. The stock has a market cap of £250.59 million, a price-to-earnings ratio of 1,412.50 and a beta of 0.21.

International Biotechnology Company Profile

(Get Free Report)

International Biotechnology Trust plc specializes in investments in development stage and late stage companies. The majority of the fund's assets are generally invested in smaller and mid-capitalization quoted companies, with a minority in larger capitalization quoted companies. It makes long only investments.

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