Bioventix (LON:BVXP) Shares Cross Below 200-Day Moving Average – Time to Sell?

Shares of Bioventix PLC (LON:BVXPGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,619.29 and traded as low as GBX 1,465. Bioventix shares last traded at GBX 1,500, with a volume of 82,588 shares changing hands.

Bioventix Price Performance

The firm has a market capitalization of £80.47 million, a P/E ratio of 10.96 and a beta of 0.56. The firm’s 50 day simple moving average is GBX 1,584.65 and its two-hundred day simple moving average is GBX 1,618.73.

Insider Activity at Bioventix

In related news, insider Bruce Hiscock bought 534 shares of the stock in a transaction dated Wednesday, June 24th. The stock was bought at an average price of GBX 1,799 per share, with a total value of £9,606.66. Corporate insiders own 6.23% of the company’s stock.

Bioventix Company Profile

(Get Free Report)

Bioventix PLC creates, manufactures, and supplies sheep monoclonal antibodies (SMAs) for diagnostic applications worldwide. The company offers a portfolio of purified SMAs for thyroid, vitamin D, cardiac, drugs of abuse, fertility, oncology, and miscellaneous indications; and Pyrene (HOP-G) ELISA kit to monitor human exposure to industrial pollutants. It also provides contract SMAs and recombinant services. Bioventix PLC was incorporated in 2003 and is based in Farnham, United Kingdom.

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