Biome Technologies plc (LON:BIOM – Get Free Report)’s stock price dropped 48.9% during trading on Friday . The stock traded as low as GBX 1 ($0.01) and last traded at GBX 1.92 ($0.02). Approximately 400,862 shares traded hands during trading, an increase of 511% from the average daily volume of 65,625 shares. The stock had previously closed at GBX 3.75 ($0.05).
Biome Technologies Trading Down 48.9 %
The firm’s 50-day moving average is GBX 3.75 and its 200 day moving average is GBX 6.74. The company has a current ratio of 1.11, a quick ratio of 0.90 and a debt-to-equity ratio of 5,633.33. The firm has a market capitalization of £987,293.73, a price-to-earnings ratio of -0.06 and a beta of 2.26.
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.
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