Biome Technologies (LON:BIOM) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Biome Technologies plc (LON:BIOM) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 6.74 ($0.09) and traded as low as GBX 3.75 ($0.05). Biome Technologies shares last traded at GBX 4.15 ($0.05), with a volume of 2,121 shares.

Biome Technologies Price Performance

The company has a quick ratio of 0.90, a current ratio of 1.11 and a debt-to-equity ratio of 5,633.33. The company has a market capitalization of £953,782.46, a P/E ratio of -0.05 and a beta of 2.26. The company’s 50-day simple moving average is GBX 3.70 and its 200 day simple moving average is GBX 6.47.

Biome Technologies Company Profile

The Group comprises two divisions, Biome Bioplastics Limited and Stanelco RF Technologies Limited. Biome Bioplastics is a leading developer of highly-functional, bio-based and biodegradable plastics. The company’s mission is to produce bioplastics that challenge the dominance of oil-based polymers. Stanelco RF Technologies designs, builds and services advanced radio frequency (RF) systems.