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

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 19.72 ($0.25) and traded as low as GBX 4 ($0.05). Biome Technologies shares last traded at GBX 4 ($0.05), with a volume of 75,000 shares.

Biome Technologies Stock Performance

The company has a market cap of £2.06 million, a PE ratio of -11.78 and a beta of 2.26. The company’s fifty day moving average price is GBX 5.34 and its 200 day moving average price is GBX 19.09. The company has a debt-to-equity ratio of 7,386.67, a current ratio of 1.11 and a quick ratio of 0.90.

About Biome Technologies

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.