Bioventix (LON:BVXP) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Bioventix PLC (LON:BVXP)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 3,765.78 ($46.85) and traded as low as GBX 3,051 ($37.96). Bioventix shares last traded at GBX 3,051 ($37.96), with a volume of 3,715 shares trading hands.

Bioventix Stock Performance

The stock has a market capitalization of £161.82 million, a PE ratio of 1,901.84 and a beta of 0.35. The firm has a 50 day moving average of GBX 3,346.44 and a 200-day moving average of GBX 3,765.78.

Insider Activity

In other news, insider Bruce Hiscock bought 24 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were bought at an average cost of GBX 3,822 ($47.55) per share, with a total value of £917.28 ($1,141.18). 8.02% of the stock is owned by corporate insiders.

About Bioventix

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.