Venn Life Sciences (LON:VENN) Shares Pass Above Fifty Day Moving Average – Here’s Why

Shares of Venn Life Sciences Holdings PLC (LON:VENN) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 6.85 ($0.09) and traded as high as GBX 7 ($0.09). Venn Life Sciences shares last traded at GBX 6.85 ($0.09), with a volume of 1,027,544 shares.

Venn Life Sciences Stock Up 7.0 %

The stock has a market cap of £4.89 million and a P/E ratio of -2.14. The company has a current ratio of 2.30, a quick ratio of 1.48 and a debt-to-equity ratio of 35.83. The stock’s 50-day moving average is GBX 6.85 and its 200-day moving average is GBX 6.85.

About Venn Life Sciences

Venn Life Sciences Holdings Plc, a clinical research organization, provides consulting and clinical trial services to pharmaceutical, biotechnology, and medical device companies in the United Kingdom, Ireland, France, the Netherlands, Germany, and Singapore. The company offers drug development planning and strategy services, including clinical feasibility assessment, project management, and in-licensing and technical due diligence; and early drug development services, such as drug candidate selection, CMC, non-clinical/pre-clinical development, clinical pharmacology, pharmacokinetics, and pharmacometrics and PK-PD modelling.