Biome Technologies (LON:BIOM) Stock Crosses Below 200-Day Moving Average – Time to Sell?

Biome Technologies plc (LON:BIOMGet Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 6.74 ($0.09) and traded as low as GBX 3.75 ($0.05). Biome Technologies shares last traded at GBX 4.15 ($0.05), with a volume of 2,121 shares changing hands.

Biome Technologies Trading Down 47.3 %

The business’s 50-day moving average price is GBX 3.75 and its two-hundred day moving average price is GBX 6.74. 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 firm has a market cap of £1.02 million, a price-to-earnings ratio of -0.06 and a beta of 2.26.

Biome Technologies Company Profile

(Get Free Report)

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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