Abcam (LON:ABC) Share Price Crosses Below 200 Day Moving Average of $1,263.76

Abcam plc (LON:ABC – Get Rating) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,263.76 ($15.72) and traded as low as GBX 1,115 ($13.87). Abcam shares last traded at GBX 1,226 ($15.25), with a volume of 6,372,291 shares changing hands.

Abcam Stock Up 11.2 %

The company has a current ratio of 1.27, a quick ratio of 0.89 and a debt-to-equity ratio of 31.60. The stock has a market capitalization of £2.81 billion and a P/E ratio of 20,433.33. The business has a 50-day moving average price of GBX 1,226 and a 200 day moving average price of GBX 1,263.76.

About Abcam

(Get Rating)

Abcam plc, a life science company, focuses on identifying, developing, and distributing reagents and tools for scientific research, diagnostics, and drug discovery. Its principal products include primary and secondary antibodies; conjugated antibodies and conjugation kits; singleplex and multiplex immunoassays; proteins and peptides that include cytokines; edited cell lines and lysates; and various other products, including cellular activity kits, miRNA kits, biochemicals, and cell signaling pathway tools.