BioPharma Credit (LON:BPCP) Shares Cross Above 200-Day Moving Average – Here’s What Happened

BioPharma Credit PLC (LON:BPCPGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 68.55 ($0.87) and traded as high as GBX 68.80 ($0.87). BioPharma Credit shares last traded at GBX 68.80 ($0.87), with a volume of 8,808 shares changing hands.

BioPharma Credit Price Performance

The business has a 50 day simple moving average of GBX 67.97 and a 200 day simple moving average of GBX 68.51. The stock has a market cap of £942.56 million, a PE ratio of 1,146.67 and a beta of 0.22.

BioPharma Credit Company Profile

(Get Free Report)

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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