The Biotech Growth Trust PLC (BIOG.L) (LON:BIOG) was down 0.7% during mid-day trading on Monday . The stock traded as low as GBX 1,603.26 ($20.95) and last traded at GBX 1,622 ($21.19). Approximately 124,295 shares changed hands during mid-day trading, a decline of 13% from the average daily volume of 143,679 shares. The stock had previously closed at GBX 1,634 ($21.35).
The company’s 50-day moving average price is GBX 1,565.27 and its 200-day moving average price is GBX 1,392.82. The firm has a market cap of £658.85 million and a price-to-earnings ratio of 2.53. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 4.43.
The Biotech Growth Trust PLC (BIOG.L) Company Profile (LON:BIOG)
The Biotech Growth Trust PLC is an investment trust. The Company’s investment objective is to seek capital appreciation through investment in the biotechnology industry across the world. It invests in a diversified portfolio of shares and related securities in biotechnology companies. The Company will not invest more than 15%, in aggregate, of the value of its gross assets in other closed ended investment companies (including investment trusts) listed on the London Stock Exchange.
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