Abcam (LON:ABC) Shares Pass Above 200-Day Moving Average – What’s Next?

Shares of Abcam plc (LON:ABCGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,226 ($15.45) and traded as high as GBX 1,259 ($15.87). Abcam shares last traded at GBX 1,226 ($15.45), with a volume of 6,372,291 shares changing hands.

Abcam Price Performance

The company has a 50-day moving average of GBX 1,226 and a 200-day moving average of GBX 1,226. The company has a debt-to-equity ratio of 31.60, a quick ratio of 0.89 and a current ratio of 1.27. The stock has a market capitalization of £2.81 billion and a price-to-earnings ratio of 20,433.33.

About Abcam

(Get Free Report)

Abcam plc, a life science company, focuses on identifying, developing, and distributing reagents and tools for scientific research, diagnostics, and drug discovery. Its principal products include primary and secondary antibodies; conjugated antibodies and conjugation kits; singleplex and multiplex immunoassays; proteins and peptides that include cytokines; edited cell lines and lysates; and various other products, including cellular activity kits, miRNA kits, biochemicals, and cell signaling pathway tools.

See Also

Receive News & Ratings for Abcam Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abcam and related companies with MarketBeat.com's FREE daily email newsletter.