Insider Buying: 4basebio PLC (LON:4BB) Insider Purchases 2,400 Shares of Stock

4basebio PLC (LON:4BBGet Free Report) insider Heikki Lanckriet bought 2,400 shares of the company’s stock in a transaction that occurred on Wednesday, April 2nd. The shares were purchased at an average price of GBX 1,205 ($15.54) per share, with a total value of £28,920 ($37,306.50).

4basebio Stock Performance

Shares of LON:4BB opened at GBX 1,205 ($15.54) on Friday. The business has a fifty day moving average of GBX 1,142.07 and a 200-day moving average of GBX 1,232.05. The company has a debt-to-equity ratio of 201.47, a quick ratio of 3.52 and a current ratio of 2.73. 4basebio PLC has a twelve month low of GBX 901 ($11.62) and a twelve month high of GBX 1,820 ($23.48). The firm has a market cap of £154.36 million, a PE ratio of -1,544.87 and a beta of 1.09.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 1,600 ($20.64) target price on shares of 4basebio in a research note on Thursday, March 13th.

Read Our Latest Analysis on 4BB

4basebio Company Profile

(Get Free Report)

4basebio is a specialist life sciences group focused on supplying therapeutic synthetic DNA for gene therapies and gene-based vaccines and providing solutions for effective and safe delivery of DNA/RNA based products to patients.

Our focus is the development of high quality, GMP grade synthetic DNA as well as non-viral nanoparticles which can efficiently and safely deliver fully functional genes to patients.

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