Venture Life Group (LON:VLG) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Venture Life Group plc (LON:VLG)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 66.48 and traded as high as GBX 71. Venture Life Group shares last traded at GBX 69.50, with a volume of 481,265 shares trading hands.

Venture Life Group Stock Performance

The firm has a fifty day moving average price of GBX 66.48 and a 200 day moving average price of GBX 60.73. The company has a current ratio of 2.22, a quick ratio of 1.48 and a debt-to-equity ratio of 28.45. The firm has a market cap of £88.34 million, a PE ratio of -93.42, a price-to-earnings-growth ratio of 5.67 and a beta of 0.30.

Insiders Place Their Bets

In other news, insider Jerry Randall sold 387,705 shares of the firm’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of GBX 66, for a total transaction of £255,885.30. 7.12% of the stock is owned by insiders.

About Venture Life Group

Venture Life is an international consumer self-care company focused on developing, manufacturing and commercialising products for the global self-care market.

With operations in the UK, The Netherlands and Italy, the Group’s product portfolio includes some key products such as the UltraDEX and Dentyl oral care product ranges, food supplements for maintaining brain function, medical devices for women’s intimate healthcare, fungal infections and proctology, and dermo-cosmetics for addressing the signs of ageing.

The products, which are typically recommended by pharmacists or healthcare practitioners, are available primarily through pharmacies and grocery multiples.