BioPharma Credit (LON:BPCP) Sets New 1-Year High – What’s Next?

BioPharma Credit PLC (LON:BPCPGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 71.80 and last traded at GBX 71.48, with a volume of 171629 shares changing hands. The stock had previously closed at GBX 69.50.

BioPharma Credit Price Performance

The business’s 50-day moving average price is GBX 68.03 and its two-hundred day moving average price is GBX 67.83. The firm has a market cap of £957.47 million, a price-to-earnings ratio of 10.29 and a beta of 0.22.

About BioPharma Credit

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BioPharma Credit PLC, an investment trust, primarily invests in interest-bearing debt assets. Its debt assets are secured by royalties or other cash flows derived from the sales of approved life sciences products. BioPharma Credit PLC was incorporated in 2016 and is based in London, the United Kingdom.

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