Allied Minds (LON:ALM) Shares Up 30% – Here’s What Happened

Allied Minds plc (LON:ALMGet Free Report)’s stock price traded up 30% during mid-day trading on Thursday . The company traded as high as GBX 13.85 ($0.17) and last traded at GBX 13.85 ($0.17). 1,919,131 shares changed hands during mid-day trading, an increase of 281% from the average session volume of 503,852 shares. The stock had previously closed at GBX 10.65 ($0.13).

Allied Minds Price Performance

The company has a current ratio of 1.16, a quick ratio of 1.12 and a debt-to-equity ratio of 21.86. The business has a 50-day moving average price of GBX 13.85 and a 200 day moving average price of GBX 13.85. The stock has a market cap of £33.54 million and a PE ratio of -2.66.

Allied Minds Company Profile

(Get Free Report)

Allied Minds plc is a private equity and venture capital firm specializing in pre-seed, seed, start-up, and early stage technology investments. The firm prefers to invest across all products, services, and industries with a focus on the life science and technology sector including medical devices, diagnostics, biopharmaceuticals, big data, cyber security, communications, semiconductors, and food safety.

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