Biome Technologies (LON:BIOM) Stock Price Up 4.7% – Here’s What Happened

Shares of Biome Technologies plc (LON:BIOMGet Free Report) rose 4.7% during mid-day trading on Wednesday . The stock traded as high as GBX 5.50 ($0.07) and last traded at GBX 5.50 ($0.07). Approximately 5,909 shares were traded during trading, a decline of 71% from the average daily volume of 20,437 shares. The stock had previously closed at GBX 5.25 ($0.07).

Biome Technologies Stock Performance

The company has a quick ratio of 0.90, a current ratio of 1.11 and a debt-to-equity ratio of 7,386.67. The stock has a market capitalization of £2.83 million, a price-to-earnings ratio of -16.16 and a beta of 2.26. The stock’s 50-day simple moving average is GBX 6.31 and its 200 day simple moving average is GBX 30.16.

About Biome Technologies

(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.

Further Reading

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.