International Biotechnology (LON:IBT) Shares Pass Above 200 Day Moving Average – Should You Sell?

by · The Cerbat Gem

International Biotechnology (LON:IBT – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 669.83 ($8.43) and traded as high as GBX 676 ($8.51). International Biotechnology shares last traded at GBX 670 ($8.44), with a volume of 54,729 shares traded.

International Biotechnology Price Performance

The stock has a market capitalization of £250.59 million, a P/E ratio of 1,412.50 and a beta of 0.21. The company has a fifty day simple moving average of GBX 685.95 and a two-hundred day simple moving average of GBX 670.54. The company has a current ratio of 0.46, a quick ratio of 0.32 and a debt-to-equity ratio of 9.66.

About International Biotechnology

(Get Free Report)

International Biotechnology Trust plc specializes in investments in development stage and late stage companies. The majority of the fund's assets are generally invested in smaller and mid-capitalization quoted companies, with a minority in larger capitalization quoted companies. It makes long only investments.

See Also