Biome Technologies (LON:BIOM) Shares Down 48.9% – Time to Sell?

Biome Technologies plc (LON:BIOMGet Free Report) was down 48.9% on Friday . The stock traded as low as GBX 1 ($0.01) and last traded at GBX 1.92 ($0.02). Approximately 400,862 shares traded hands during trading, an increase of 511% from the average daily volume of 65,625 shares. The stock had previously closed at GBX 3.75 ($0.05).

Biome Technologies Price Performance

The stock has a market capitalization of £987,293.73, a P/E ratio of -0.06 and a beta of 2.26. The company has a debt-to-equity ratio of 5,633.33, a quick ratio of 0.90 and a current ratio of 1.11. The firm has a fifty day moving average price of GBX 3.75 and a two-hundred day moving average price of GBX 6.74.

Biome Technologies Company Profile

(Get Free Report)

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.

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