Shares of International Biotechnology (LON:IBT – Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,015.44 and traded as high as GBX 1,125. International Biotechnology shares last traded at GBX 1,125, with a volume of 22,547 shares trading hands.
International Biotechnology Price Performance
The firm has a market capitalization of £348.18 million, a PE ratio of 4.55 and a beta of 0.46. The company has a 50-day moving average price of GBX 1,099.90 and a 200-day moving average price of GBX 1,016.03. The company has a debt-to-equity ratio of 9.43, a current ratio of 0.11 and a quick ratio of 0.32.
About International Biotechnology
The Company will seek to achieve its objective by investing in a diversified portfolio of companies which may be quoted or unquoted and whose shares are considered to have good growth prospects, with experienced management and strong potential upside through the development and/or commercialisation of a product, device or enabling technology. Investments may also be made in related sectors such as medical devices and healthcare services.
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