Shares of Biome Technologies plc (LON:BIOM – Get Free Report) dropped 47.2% on Friday . The stock traded as low as GBX 1 ($0.01) and last traded at GBX 1.98 ($0.03). Approximately 176,591 shares traded hands during mid-day trading, an increase of 198% from the average daily volume of 59,217 shares. The stock had previously closed at GBX 3.75 ($0.05).
Biome Technologies Stock Down 48.0 %
The firm has a market capitalization of £1.01 million, a PE ratio of -0.06 and a beta of 2.26. The company has a fifty day simple moving average of GBX 3.75 and a two-hundred day simple moving average of GBX 6.74. The company has a debt-to-equity ratio of 5,633.33, a quick ratio of 0.90 and a current ratio of 1.11.
About Biome Technologies
The Group comprises two divisions, Biome Bioplastics Limited and Stanelco RF Technologies Limited. Biome Bioplastics is a leading developer of highly-functional, bio-based and biodegradable plastics. The company’s mission is to produce bioplastics that challenge the dominance of oil-based polymers. Stanelco RF Technologies designs, builds and services advanced radio frequency (RF) systems.
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