The Biotech Growth Trust PLC (LON:BIOG – Get Free Report) rose 3.5% during trading on Monday. The stock traded as high as GBX 1,412.60 and last traded at GBX 1,404. Approximately 30,052 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 85,642 shares. The stock had previously closed at GBX 1,356.
The Biotech Growth Trust Stock Performance
The company has a market cap of £256.99 million, a P/E ratio of 2.52 and a beta of 0.61. The company has a current ratio of 0.89, a quick ratio of 0.00 and a debt-to-equity ratio of 4.37. The firm’s fifty day moving average price is GBX 1,488.44 and its 200-day moving average price is GBX 1,411.37.
About The Biotech Growth Trust
The Biotech Growth Trust seeks capital appreciation through investment in the worldwide biotechnology industry. In order to achieve its investment objective, the Company invests in a diversified portfolio of shares and related securities in biotechnology companies on a worldwide basis. Performance is measured against the NASDAQ Biotechnology Index (sterling adjusted).
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