The stock of The Biotech Growth Trust Plc (LON:BIOG) is a huge mover today! The stock increased 3.15% or GBX 22.1 on November 10, hitting GBX 722.6. About 209,033 shares traded hands or 33.83% up from the average. The Biotech Growth Trust Plc (LON:BIOG) has risen 1.44% since April 13, 2016 and is uptrending. It has underperformed by 4.21% the S&P500.
The move comes after 7 months positive chart setup for the GBX 399.78M company. It was reported on Nov, 10 by Barchart.com. We have GBX 2052.18 PT which if reached, will make LON:BIOG worth GBX 735.60 million more.
The Biotech Growth Trust PLC is an investment trust. The company has a market cap of 399.78 million GBP. The Company’s investment objective is to seek capital appreciation through investment in the biotechnology industry across the world. It has a 9.6 P/E ratio. It invests in a diversified portfolio of shares and related securities in biotechnology companies.
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