Shares of Biome Technologies plc (LON:BIOM – Get Free Report) dropped 61.3% during trading on Friday . The stock traded as low as GBX 1 ($0.01) and last traded at GBX 1.45 ($0.02). Approximately 289,547 shares traded hands during trading, an increase of 364% from the average daily volume of 62,444 shares. The stock had previously closed at GBX 3.75 ($0.05).
Biome Technologies Stock Performance
The firm has a market cap of £747,559.22, a price-to-earnings ratio of -0.04 and a beta of 2.26. The company has a current ratio of 1.11, a quick ratio of 0.90 and a debt-to-equity ratio of 5,633.33. The stock’s 50 day moving average is GBX 3.75 and its 200 day moving average is GBX 6.74.
About Biome Technologies
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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