Biome Technologies (LON:BIOM) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Biome Technologies plc (LON:BIOM) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 9.39 ($0.12) and traded as low as GBX 3.37 ($0.04). Biome Technologies shares last traded at GBX 3.37 ($0.04), with a volume of 25 shares.

Biome Technologies Trading Down 3.8 %

The stock has a market capitalization of £1.74 million, a PE ratio of -9.90 and a beta of 2.26. The business’s 50-day moving average is GBX 4.17 and its two-hundred day moving average is GBX 9.39. The company has a debt-to-equity ratio of 7,386.67, a quick ratio of 0.90 and a current ratio of 1.11.

About Biome Technologies

The Group comprises two divisions, Biome Bioplastics Limited and Stanelco RF Technologies Limited. Biome Bioplastics is a leading developer of highly-functional, bio-based and biodegradable plastics. The company’s mission is to produce bioplastics that challenge the dominance of oil-based polymers. Stanelco RF Technologies designs, builds and services advanced radio frequency (RF) systems.