Bioventix (LON:BVXP) Shares Pass Above Fifty Day Moving Average – What’s Next?

Bioventix PLC (LON:BVXP) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 3,783.15 ($47.68) and traded as high as GBX 3,950 ($49.78). Bioventix shares last traded at GBX 3,885 ($48.96), with a volume of 5,518 shares traded.

Bioventix Stock Down 2.5 %

The company has a 50-day simple moving average of GBX 3,783.15 and a two-hundred day simple moving average of GBX 4,123.38. The stock has a market cap of £199.67 million, a P/E ratio of 2,383.44 and a beta of 0.35.

Bioventix Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, November 21st. Shareholders of record on Thursday, November 7th will be given a GBX 87 ($1.10) dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a yield of 2.4%. This is an increase from Bioventix’s previous dividend of $68.00. Bioventix’s payout ratio is presently 9,693.25%.

Insider Buying and Selling at Bioventix

In other Bioventix news, insider Bruce Hiscock bought 300 shares of the firm’s stock in a transaction that occurred on Wednesday, October 30th. The stock was bought at an average price of GBX 3,330 ($41.97) per share, for a total transaction of £9,990 ($12,589.79). Corporate insiders own 8.02% of the company’s stock.

Bioventix Company Profile

Bioventix PLC creates, manufactures, and supplies sheep monoclonal antibodies (SMAs) for diagnostic applications worldwide. The company offers a portfolio of purified SMAs for thyroid, vitamin D, cardiac, drugs of abuse, fertility, oncology, and miscellaneous indications; and Pyrene (HOP-G) ELISA kit to monitor human exposure to industrial pollutants.