Biome Technologies (LON:BIOM) Share Price Crosses Above Fifty Day Moving Average of $103.20

Shares of Biome Technologies plc (LON:BIOM – Get Rating) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 103.20 ($1.28) and traded as high as GBX 130 ($1.62). Biome Technologies shares last traded at GBX 125 ($1.55), with a volume of 289 shares trading hands.

Biome Technologies Stock Up 4.2 %

The company has a quick ratio of 0.90, a current ratio of 2.29 and a debt-to-equity ratio of 18.11. The stock has a market cap of £4.70 million, a price-to-earnings ratio of -694.44 and a beta of 2.41. The business’s fifty day moving average is GBX 103.20 and its two-hundred day moving average is GBX 88.68.

Insider Buying and Selling at Biome Technologies

In other news, insider Robert (Rob) Smith acquired 3,000 shares of the company’s stock in a transaction on Tuesday, May 2nd. The shares were bought at an average cost of GBX 145 ($1.80) per share, with a total value of £4,350 ($5,410.45). Insiders own 21.66% of the company’s stock.

About Biome Technologies

(Get Rating)

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.