International Biotechnology Trust (LON:IBT) Shares Pass Above 200 Day Moving Average of $0.00

International Biotechnology Trust Plc (LON:IBT)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $634.00. International Biotechnology Trust shares last traded at $628.75, with a volume of 33,745 shares.

The firm has a 50 day moving average price of GBX 648.80. The firm has a market cap of $243.29 million and a P/E ratio of 13.14.

The firm also recently disclosed a dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, July 18th will be paid a dividend of GBX 14 ($0.18) per share. The ex-dividend date of this dividend is Thursday, July 18th. This represents a dividend yield of 2.12%. International Biotechnology Trust’s dividend payout ratio is 0.58%.

International Biotechnology Trust Company Profile (LON:IBT)

International Biotechnology Trust plc specializes in investments in development stage and late stage companies. The majority of the fund's assets are generally invested in smaller and mid-capitalization quoted companies, with a minority in larger capitalization quoted companies. It makes long only investments.

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