Instem (LON:INS) Share Price Crosses Below 200 Day Moving Average of $675.13

Instem plc (LON:INS – Get Rating) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 675.13 ($8.36) and traded as low as GBX 612 ($7.58). Instem shares last traded at GBX 617.50 ($7.65), with a volume of 45,579 shares changing hands.

Instem Stock Up 0.4 %

The business has a fifty day moving average of GBX 689.20 and a 200 day moving average of GBX 674.19. The firm has a market cap of £140.74 million and a P/E ratio of 7,748.75. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 3.56.

Insider Activity at Instem

In related news, insider Nigel Goldsmith sold 15,000 shares of the company’s stock in a transaction dated Wednesday, January 4th. The stock was sold at an average price of GBX 700 ($8.67), for a total value of £105,000 ($129,998.76).

Instem Company Profile

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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.