Instem (LON:INS) Shares Cross Below Two Hundred Day Moving Average of $718.02

Instem plc (LON:INSGet Rating)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 718.02 ($8.80) and traded as low as GBX 702.50 ($8.61). Instem shares last traded at GBX 702.50 ($8.61), with a volume of 2,900 shares.

Instem Price Performance

The firm has a market cap of £159.31 million and a price-to-earnings ratio of 10,035.71. The company has a debt-to-equity ratio of 4.92, a current ratio of 0.93 and a quick ratio of 0.88. The stock has a 50-day moving average of GBX 740.60 and a 200-day moving average of GBX 716.75.

About Instem

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Instem plc, together with its subsidiaries, provides information technology applications to the life sciences healthcare market worldwide. The company offers solutions for data collection, management, and analysis to meet the needs of life science and healthcare organizations for data-driven decision making.

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