BioPharma Credit (LON:BPCP) Shares Up 1.2% – Should You Buy?

BioPharma Credit PLC (LON:BPCPGet Free Report) rose 1.2% during mid-day trading on Thursday . The stock traded as high as GBX 70.80 ($0.88) and last traded at GBX 70.12 ($0.87). Approximately 41,924 shares were traded during mid-day trading, an increase of 75% from the average daily volume of 23,988 shares. The stock had previously closed at GBX 69.30 ($0.86).

BioPharma Credit Stock Up 2.6 %

The firm has a fifty day simple moving average of GBX 68.40 and a 200-day simple moving average of GBX 68.39. The company has a market cap of £967.22 million, a PE ratio of 1,176.67 and a beta of 0.22.

About BioPharma Credit

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BioPharma Credit PLC, an investment trust, primarily invests in interest-bearing debt assets. Its debt assets are secured by royalties or other cash flows derived from the sales of approved life sciences products. BioPharma Credit PLC was incorporated in 2016 and is based in London, the United Kingdom.

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