Biome Technologies (LON:BIOM) Stock Price Down 25.7% – Here’s Why

Biome Technologies plc (LON:BIOMGet Free Report) fell 25.7% on Wednesday . The company traded as low as GBX 0.56 ($0.01) and last traded at GBX 0.65 ($0.01). 96,820 shares were traded during mid-day trading, a decline of 38% from the average session volume of 157,200 shares. The stock had previously closed at GBX 0.88 ($0.01).

Biome Technologies Price Performance

The company has a quick ratio of 0.90, a current ratio of 1.11 and a debt-to-equity ratio of 5,633.33. The firm has a market capitalization of £290,259.20, a price-to-earnings ratio of -0.02 and a beta of 2.26. The company has a fifty day moving average price of GBX 2.57 and a two-hundred day moving average price of GBX 4.65.

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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