The stock of Port Erin Biopharma Investments Ltd (LON:PEBI) is a huge mover today! The stock decreased 7.30% or GBX 0.6 on November 28, hitting GBX 7.65. About 39,000 shares traded hands or 6.78% up from the average. Port Erin Biopharma Investments Ltd (LON:PEBI) has risen 26.92% since April 27, 2016 and is uptrending. It has outperformed by 20.91% the S&P500.
The move comes after 5 months positive chart setup for the GBX 1.83 million company. It was reported on Nov, 28 by Barchart.com. We have GBX 8.26 PT which if reached, will make LON:PEBI worth GBX 146,400 more.
Another recent and important Port Erin Biopharma Investments Ltd (LON:PEBI) news was published by Prnewswire.com which published an article titled: “Bontan changes its name to Portage Biotech Inc. and jurisdiction to BVI” on July 31, 2013.
Port Erin Biopharma Investments Limited invests in the biotechnology and biopharmaceutical sector. The company has a market cap of 1.83 million GBP. The Firm focuses on creating value for shareholders through investing in companies that have the potential to generate revenues through the development of biopharmaceutical drugs. It currently has negative earnings. The Firm invests in equity and equity-related products in both quoted companies, which offer the benefits of liquidity, and in unquoted companies, which offers the additional capital gains upon completion of an Initial Public Offering .
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