International Biotechnology Trust (LON:IBT) Stock Passes Above 200-Day Moving Average of $685.97

International Biotechnology Trust plc (LON:IBTGet Rating) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 685.97 ($8.53) and traded as high as GBX 690 ($8.58). International Biotechnology Trust shares last traded at GBX 688 ($8.56), with a volume of 30,187 shares traded.

International Biotechnology Trust Price Performance

The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 14.03. The stock has a market capitalization of £279.33 million, a PE ratio of -1,250.91 and a beta of 0.24. The company has a 50-day moving average of GBX 660.52 and a 200 day moving average of GBX 685.97.

About International Biotechnology Trust

(Get Rating)

International Biotechnology Trust plc specializes in investments in development stage and late stage companies. The majority of the fund's assets are generally invested in smaller and mid-capitalization quoted companies, with a minority in larger capitalization quoted companies. It makes long only investments.

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