Shares of Biome Technologies plc (LON:BIOM) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $392.34 and traded as high as $341.50. Biome Technologies shares last traded at $350.00, with a volume of 1,077 shares.
The firm has a fifty day simple moving average of GBX 391.14 and a 200-day simple moving average of GBX 382.16. The company has a market cap of $8.28 million and a PE ratio of 70.00.
In related news, insider John Standen purchased 14,418 shares of the stock in a transaction that occurred on Monday, June 17th. The shares were purchased at an average price of GBX 400 ($5.23) per share, with a total value of £57,672 ($75,358.68).
Biome Technologies plc engages in the bioplastics and radio frequency (RF) technology businesses in the United Kingdom, the United States, China, India, Italy, France, 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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