Biome Technologies (LON:BIOM) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Biome Technologies plc (LON:BIOMGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 54.75 ($0.73) and traded as low as GBX 6.02 ($0.08). Biome Technologies shares last traded at GBX 7.70 ($0.10), with a volume of 3,673 shares trading hands.

Biome Technologies Price Performance

The stock has a market cap of £3.09 million, a P/E ratio of -17.65 and a beta of 2.26. The company has a quick ratio of 0.90, a current ratio of 1.11 and a debt-to-equity ratio of 7,386.67. The firm’s fifty day moving average price is GBX 12.68 and its 200-day moving average price is GBX 53.73.

Biome Technologies Company Profile

(Get Free Report)

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.

Further Reading

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