Allied Minds (LON:ALM) Shares Pass Below 200 Day Moving Average of $13.85

Allied Minds plc (LON:ALMGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 13.85 ($0.18) and traded as low as GBX 9.38 ($0.12). Allied Minds shares last traded at GBX 13.85 ($0.18), with a volume of 1,919,131 shares changing hands.

Allied Minds Stock Up 30.0 %

The firm’s 50-day simple moving average is GBX 13.85 and its 200-day simple moving average is GBX 13.85. The company has a debt-to-equity ratio of 21.86, a quick ratio of 1.12 and a current ratio of 1.16. The company has a market capitalization of £33.54 million and a price-to-earnings ratio of -2.66.

About Allied Minds

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Allied Minds plc is a private equity and venture capital firm specializing in pre-seed, seed, start-up, and early stage technology investments. The firm prefers to invest across all products, services, and industries with a focus on the life science and technology sector including medical devices, diagnostics, biopharmaceuticals, big data, cyber security, communications, semiconductors, and food safety.

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