Allied Minds (LON:ALM) Stock Price Passes Below 50 Day Moving Average – Here’s Why

Allied Minds plc (LON:ALMGet Free Report)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 13.85 ($0.18) and traded as low as GBX 9.38 ($0.12). Allied Minds shares last traded at GBX 13.85 ($0.18), with a volume of 1,919,131 shares.

Allied Minds Stock Performance

The stock’s 50 day moving average price is GBX 13.85 and its 200 day moving average price is GBX 13.85. The company has a current ratio of 1.16, a quick ratio of 1.12 and a debt-to-equity ratio of 21.86. The company has a market capitalization of £33.54 million and a price-to-earnings ratio of -2.66.

About Allied Minds

(Get Free Report)

Allied Minds plc is a private equity and venture capital firm specializing in pre-seed, seed, start-up, and early stage technology investments. The firm prefers to invest across all products, services, and industries with a focus on the life science and technology sector including medical devices, diagnostics, biopharmaceuticals, big data, cyber security, communications, semiconductors, and food safety.

Recommended Stories

Receive News & Ratings for Allied Minds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allied Minds and related companies with MarketBeat.com's FREE daily email newsletter.