Avacta Group (LON:AVCT) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Avacta Group Plc (LON:AVCTGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 57.07 ($0.74) and traded as high as GBX 61 ($0.79). Avacta Group shares last traded at GBX 56 ($0.73), with a volume of 1,710,026 shares changing hands.

Avacta Group Stock Performance

The company has a debt-to-equity ratio of 63.54, a quick ratio of 4.96 and a current ratio of 1.29. The stock’s fifty day moving average price is GBX 63.46 and its 200-day moving average price is GBX 57.07. The company has a market capitalization of £200.65 million, a P/E ratio of -622.22 and a beta of 1.12.

Insider Activity

In other news, insider Tony Peter Gardiner sold 500,000 shares of the company’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of GBX 71 ($0.92), for a total value of £355,000 ($460,919.24). 32.90% of the stock is owned by insiders.

About Avacta Group

(Get Free Report)

Avacta Group Plc develops cancer therapies and diagnostics in the United Kingdom, France, North America, South Korea, and rest of Asia and Europe. The company operates through Diagnostics and Therapeutics segments. It develops products based on its proprietary Affimer and pre|CISION technology platforms.

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