Biome Technologies (LON:BIOM) Shares Up 4.7% – Should You Buy?

Shares of Biome Technologies plc (LON:BIOMGet Free Report) shot up 4.7% during mid-day trading on Wednesday . The company traded as high as GBX 5.50 ($0.07) and last traded at GBX 5.50 ($0.07). 5,909 shares traded hands during trading, a decline of 71% from the average session volume of 20,437 shares. The stock had previously closed at GBX 5.25 ($0.07).

Biome Technologies Stock Up 4.7 %

The firm’s 50-day simple moving average is GBX 6.31 and its 200-day simple moving average is GBX 30.16. The company has a debt-to-equity ratio of 7,386.67, a quick ratio of 0.90 and a current ratio of 1.11. The company has a market capitalization of £2.83 million, a price-to-earnings ratio of -16.16 and a beta of 2.26.

Biome Technologies Company Profile

(Get Free Report)

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.

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