Biome Technologies (LON:BIOM) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Shares of Biome Technologies plc (LON:BIOMGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 19.72 ($0.25) and traded as low as GBX 4 ($0.05). Biome Technologies shares last traded at GBX 4 ($0.05), with a volume of 75,000 shares traded.

Biome Technologies Stock Down 5.8 %

The stock’s 50-day moving average price is GBX 5.34 and its two-hundred day moving average price is GBX 19.09. The company has a current ratio of 1.11, a quick ratio of 0.90 and a debt-to-equity ratio of 7,386.67. The stock has a market capitalization of £2.06 million, a P/E ratio of -11.78 and a beta of 2.26.

Biome Technologies Company Profile

(Get Free Report)

Biome Technologies plc engages in the bioplastics and radio frequency (RF) technology businesses in the United Kingdom, Europe, Canada, the United States, Asia, and internationally. The company's Bioplastics division produces a range of biodegradable and sustainable products that replace conventional oil-based plastics.

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