International Biotechnology Trust Plc (LON:IBT) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $658.00. International Biotechnology Trust shares last traded at $644.08, with a volume of 38,267 shares trading hands.
The firm has a market capitalization of $243.29 million and a P/E ratio of 13.14. The stock’s 50-day moving average price is GBX 648.94.
The firm also recently declared a dividend, which will be paid on Friday, August 30th. Investors of record on Thursday, July 18th will be given a dividend of GBX 14 ($0.18) per share. The ex-dividend date is Thursday, July 18th. This represents a yield of 2.12%. International Biotechnology Trust’s dividend payout ratio (DPR) is currently 0.58%.
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.
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