International Biotechnology (LON:IBT – Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 627.46 ($7.81) and traded as high as GBX 638 ($7.94). International Biotechnology shares last traded at GBX 621 ($7.73), with a volume of 47,616 shares changing hands.
International Biotechnology Stock Performance
The business has a 50 day moving average price of GBX 657.49 and a two-hundred day moving average price of GBX 627.46. The company has a debt-to-equity ratio of 8.19, a quick ratio of 0.32 and a current ratio of 0.27. The company has a market cap of £243.06 million, a P/E ratio of 591.43 and a beta of 0.18.
About International Biotechnology
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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