Biome Technologies (LON:BIOM) Shares Down 61.3% – What’s Next?

Biome Technologies plc (LON:BIOMGet Free Report) shares traded down 61.3% on Friday . The company traded as low as GBX 1 ($0.01) and last traded at GBX 1.45 ($0.02). 390,654 shares traded hands during mid-day trading, an increase of 498% from the average session volume of 65,333 shares. The stock had previously closed at GBX 3.75 ($0.05).

Biome Technologies Price Performance

The company’s fifty day moving average price is GBX 3.75 and its two-hundred day moving average price is GBX 6.74. The company has a quick ratio of 0.90, a current ratio of 1.11 and a debt-to-equity ratio of 5,633.33. The company has a market cap of £747,559.22, a price-to-earnings ratio of -0.04 and a beta of 2.26.

About Biome Technologies

(Get Free Report)

The Group comprises two divisions, Biome Bioplastics Limited and Stanelco RF Technologies Limited. Biome Bioplastics is a leading developer of highly-functional, bio-based and biodegradable plastics. The company’s mission is to produce bioplastics that challenge the dominance of oil-based polymers. Stanelco RF Technologies designs, builds and services advanced radio frequency (RF) systems.

Featured Stories

Receive News & Ratings for Biome Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Biome Technologies and related companies with MarketBeat.com's FREE daily email newsletter.