Bioventix (LON:BVXP) Stock Crosses Below 200-Day Moving Average – What’s Next?

Bioventix PLC (LON:BVXP)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 3,765.78 ($46.85) and traded as low as GBX 3,051 ($37.96). Bioventix shares last traded at GBX 3,051 ($37.96), with a volume of 3,715 shares traded.

Bioventix Price Performance

The stock’s 50-day moving average price is GBX 3,346.44 and its 200 day moving average price is GBX 3,765.78. The firm has a market cap of £161.82 million, a price-to-earnings ratio of 1,901.84 and a beta of 0.35.

Insider Activity at Bioventix

In related news, insider Bruce Hiscock bought 24 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was acquired at an average price of GBX 3,822 ($47.55) per share, for a total transaction of £917.28 ($1,141.18). Corporate insiders own 8.02% of the company’s stock.

About Bioventix

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.