International Biotechnology (LON:IBT) Shares Cross Above Two Hundred Day Moving Average of $627.35

International Biotechnology (LON:IBT)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 627.35 ($7.88) and traded as high as GBX 645.16 ($8.10). International Biotechnology shares last traded at GBX 642 ($8.06), with a volume of 27,418 shares changing hands.

International Biotechnology Price Performance

The stock has a market capitalization of £251.28 million, a P/E ratio of 611.43 and a beta of 0.18. The firm has a fifty day moving average price of GBX 647.45 and a two-hundred day moving average price of GBX 627.35. The company has a quick ratio of 0.32, a current ratio of 0.27 and a debt-to-equity ratio of 8.19.

International Biotechnology Company Profile

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.