International Biotechnology (LON:IBT) Stock Price Crosses Above 200-Day Moving Average of $627.46

International Biotechnology (LON:IBT)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 627.46 ($7.81) and traded as high as GBX 638 ($7.94). International Biotechnology shares last traded at GBX 621 ($7.73), with a volume of 47,616 shares trading hands.

International Biotechnology Trading Down 1.0 %

The company has a current ratio of 0.27, a quick ratio of 0.32 and a debt-to-equity ratio of 8.19. The business’s 50-day simple moving average is GBX 657.49 and its 200-day simple moving average is GBX 627.46. The company has a market cap of £243.06 million, a PE ratio of 591.43 and a beta of 0.18.

International Biotechnology Company Profile

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.