Insider Buying: The Biotech Growth Trust PLC (LON:BIOG) Insider Acquires 1,000 Shares of Stock

The Biotech Growth Trust PLC (LON:BIOGGet Free Report) insider Nicola Shepherd bought 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The stock was bought at an average price of GBX 1,001 ($12.70) per share, with a total value of £10,010 ($12,696.60).

The Biotech Growth Trust Price Performance

Shares of LON:BIOG traded down GBX 19 ($0.24) during trading hours on Thursday, hitting GBX 991 ($12.57). 98,392 shares of the company’s stock traded hands, compared to its average volume of 58,749. The company’s fifty day simple moving average is GBX 914 and its two-hundred day simple moving average is GBX 822. The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.00 and a current ratio of 0.30. The company has a market cap of £340.90 million, a price-to-earnings ratio of -440.00 and a beta of 0.51. The Biotech Growth Trust PLC has a 52 week low of GBX 715 ($9.07) and a 52 week high of GBX 1,034 ($13.12).

About The Biotech Growth Trust

(Get Free Report)

The Biotech Growth Trust PLC is a closed ended equity mutual fund launched by Frostrow Capital LLP. It is co-managed by OrbiMed Capital LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the biotechnology sector. The fund invests in stocks of companies across all market capitalizations.

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