Shares of Biome Technologies plc (LON:BIOM – Get Free Report) fell 50.7% during trading on Friday . The company traded as low as GBX 1 ($0.01) and last traded at GBX 1.85 ($0.02). 537,446 shares traded hands during trading, an increase of 673% from the average session volume of 69,527 shares. The stock had previously closed at GBX 3.75 ($0.05).
Biome Technologies Price Performance
The business has a 50-day simple moving average of GBX 3.70 and a two-hundred day simple moving average of GBX 6.47. The company has a quick ratio of 0.90, a current ratio of 1.11 and a debt-to-equity ratio of 5,633.33. The stock has a market capitalization of £953,782.46, a price-to-earnings ratio of -0.05 and a beta of 2.26.
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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