Biome Technologies (LON:BIOM) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Biome Technologies plc (LON:BIOM)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 22.47 ($0.28) and traded as low as GBX 4.50 ($0.06). Biome Technologies shares last traded at GBX 4.50 ($0.06), with a volume of 62,982 shares trading hands.

Biome Technologies Trading Up 12.5 %

The stock has a market cap of £2.32 million, a PE ratio of -13.24 and a beta of 2.26. The company has a debt-to-equity ratio of 7,386.67, a quick ratio of 0.90 and a current ratio of 1.11. The stock has a fifty day moving average price of GBX 5.71 and a 200 day moving average price of GBX 22.35.

Biome Technologies Company Profile

Biome Technologies plc engages in the bioplastics and radio frequency (RF) technology businesses in the United Kingdom, Europe, Canada, the United States, Asia, and internationally. The company's Bioplastics division produces a range of biodegradable and sustainable products that replace conventional oil-based plastics.