Biome Technologies (LON:BIOM) Trading Down 18.1% – Here’s Why

Biome Technologies plc (LON:BIOMGet Free Report) traded down 18.1% during mid-day trading on Tuesday . The stock traded as low as GBX 5.53 ($0.07) and last traded at GBX 5.53 ($0.07). 167,293 shares traded hands during mid-day trading, an increase of 834% from the average session volume of 17,912 shares. The stock had previously closed at GBX 6.75 ($0.09).

Biome Technologies Price Performance

The company has a debt-to-equity ratio of 7,386.67, a current ratio of 1.11 and a quick ratio of 0.90. The firm’s 50-day moving average price is GBX 7.33 and its 200 day moving average price is GBX 41.51. The firm has a market capitalization of £3.48 million, a price-to-earnings ratio of -19.85 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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