Venture Life Group (LON:VLG) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Venture Life Group plc (LON:VLG) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 41.51 ($0.52) and traded as low as GBX 36.70 ($0.46). Venture Life Group shares last traded at GBX 37.50 ($0.47), with a volume of 261,406 shares traded.

Venture Life Group Price Performance

The company’s 50-day simple moving average is GBX 36.86 and its 200-day simple moving average is GBX 41.51. The stock has a market capitalization of £47.78 million, a P/E ratio of 63.64, a price-to-earnings-growth ratio of 5.67 and a beta of 0.30. The company has a debt-to-equity ratio of 28.45, a current ratio of 2.22 and a quick ratio of 1.48.

About Venture Life Group

Venture Life is an international consumer self-care company focused on developing, manufacturing and commercialising products for the global self-care market.

With operations in the UK, The Netherlands and Italy, the Group’s product portfolio includes some key products such as the UltraDEX and Dentyl oral care product ranges, food supplements for maintaining brain function, medical devices for women’s intimate healthcare, fungal infections and proctology, and dermo-cosmetics for addressing the signs of ageing.

The products, which are typically recommended by pharmacists or healthcare practitioners, are available primarily through pharmacies and grocery multiples.