The Biotech Growth Trust (LON:BIOG) Stock Crosses Below 50 Day Moving Average – Should You Sell?

The Biotech Growth Trust PLC (LON:BIOG)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1,228.66 and traded as low as GBX 1,185. The Biotech Growth Trust shares last traded at GBX 1,195, with a volume of 98,891 shares traded.

The Biotech Growth Trust Price Performance

The company has a quick ratio of 0.00, a current ratio of 0.59 and a debt-to-equity ratio of 11.02. The firm has a 50 day moving average of GBX 1,228.66 and a two-hundred day moving average of GBX 1,088.58. The firm has a market capitalization of £247.94 million, a price-to-earnings ratio of -83.57 and a beta of 0.50.

The Biotech Growth Trust (LON:BIOG) last issued its earnings results on Thursday, November 20th. The company reported GBX (1) EPS for the quarter. The Biotech Growth Trust had a return on equity of 26.96% and a net margin of 95.33%.

The Biotech Growth Trust Company Profile

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).