Venture Life Group (LON:VLG) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of Venture Life Group plc (LON:VLG) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 43.16 ($0.53) and traded as low as GBX 37 ($0.45). Venture Life Group shares last traded at GBX 37.13 ($0.45), with a volume of 39,264 shares traded.

Venture Life Group Stock Performance

The company has a debt-to-equity ratio of 28.45, a quick ratio of 1.48 and a current ratio of 2.22. The company has a market cap of £46.73 million, a price-to-earnings ratio of 3,678.00, a PEG ratio of 5.67 and a beta of 0.30. The firm’s 50 day simple moving average is GBX 38.50 and its 200-day simple moving average is GBX 43.11.

Insider Buying and Selling

In other Venture Life Group news, insider Mark Adams purchased 116,496 shares of the firm’s stock in a transaction on Wednesday, October 30th. The stock was bought at an average cost of GBX 43 ($0.52) per share, with a total value of £50,093.28 ($60,948.14). Corporate insiders own 10.41% of the company’s stock.

About Venture Life Group

Venture Life is an international consumer self-care company focused on developing, manufacturing and commercialising products for the global self-care market.

With operations in the UK, The Netherlands and Italy, the Group’s product portfolio includes some key products such as the UltraDEX and Dentyl oral care product ranges, food supplements for maintaining brain function, medical devices for women’s intimate healthcare, fungal infections and proctology, and dermo-cosmetics for addressing the signs of ageing.

The products, which are typically recommended by pharmacists or healthcare practitioners, are available primarily through pharmacies and grocery multiples.