Biome Technologies (LON:BIOM) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Biome Technologies plc (LON:BIOMGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 5.32 ($0.07) and traded as low as GBX 1.03 ($0.01). Biome Technologies shares last traded at GBX 1.33 ($0.02), with a volume of 218,548 shares changing hands.

Biome Technologies Stock Up 6.0 %

The company has a debt-to-equity ratio of 5,633.33, a current ratio of 1.11 and a quick ratio of 0.90. The business’s 50 day moving average price is GBX 3.19 and its 200 day moving average price is GBX 5.32. The firm has a market cap of £683,114.46, a PE ratio of -0.04 and a beta of 2.26.

Biome Technologies Company Profile

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The Group comprises two divisions, Biome Bioplastics Limited and Stanelco RF Technologies Limited. Biome Bioplastics is a leading developer of highly-functional, bio-based and biodegradable plastics. The company’s mission is to produce bioplastics that challenge the dominance of oil-based polymers. Stanelco RF Technologies designs, builds and services advanced radio frequency (RF) systems.

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