Biome Technologies (LON:BIOM) Stock Price Down 1.7% – What’s Next?

Biome Technologies plc (LON:BIOMGet Free Report)’s share price dropped 1.7% during trading on Thursday . The company traded as low as GBX 1.16 ($0.01) and last traded at GBX 1.48 ($0.02). Approximately 130,649 shares traded hands during mid-day trading, an increase of 17% from the average daily volume of 111,304 shares. The stock had previously closed at GBX 1.50 ($0.02).

Biome Technologies Stock Down 16.0 %

The company has a quick ratio of 0.90, a current ratio of 1.11 and a debt-to-equity ratio of 5,633.33. The stock has a 50 day simple moving average of GBX 3.41 and a 200 day simple moving average of GBX 5.85. The stock has a market cap of £541,335.99, a price-to-earnings ratio of -0.03 and a beta of 2.26.

About Biome Technologies

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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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