Biome Technologies (LON:BIOM) Stock Passes Below Two Hundred Day Moving Average of $240.92

Biome Technologies plc (LON:BIOMGet Rating)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 240.92 ($2.92) and traded as low as GBX 180 ($2.18). Biome Technologies shares last traded at GBX 190 ($2.31), with a volume of 510 shares.

The company has a market cap of £7.14 million and a P/E ratio of -6.23. The firm’s 50 day moving average is GBX 206.01 and its two-hundred day moving average is GBX 240.92. The company has a quick ratio of 1.77, a current ratio of 2.52 and a debt-to-equity ratio of 13.82.

In related news, insider Robert (Rob) Smith purchased 2,568 shares of the firm’s stock in a transaction dated Wednesday, March 30th. The stock was bought at an average price of GBX 195 ($2.37) per share, with a total value of £5,007.60 ($6,077.92).

About Biome Technologies (LON:BIOM)

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.

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