Biome Technologies (LON:BIOM) Shares Up 23.3% – Time to Buy?

Biome Technologies plc (LON:BIOMGet Free Report) shares traded up 23.3% during trading on Wednesday . The stock traded as high as GBX 1.45 ($0.02) and last traded at GBX 1.23 ($0.02). 565,120 shares changed hands during mid-day trading, an increase of 341% from the average session volume of 128,045 shares. The stock had previously closed at GBX 1 ($0.01).

Biome Technologies Stock Performance

The company has a market cap of £635,683.12, 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 price is GBX 3.01 and its 200 day moving average price is GBX 5.01.

Biome Technologies Company Profile

(Get Free Report)

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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