Allied Minds (LON:ALM) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Allied Minds plc (LON:ALMGet Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 13.85 ($0.18) and traded as high as GBX 13.85 ($0.18). Allied Minds shares last traded at GBX 13.85 ($0.18), with a volume of 1,919,131 shares.

Allied Minds Price Performance

The firm has a market cap of £33.54 million and a price-to-earnings ratio of -2.66. The stock has a 50-day moving average price of GBX 13.85 and a 200 day moving average price of GBX 13.85. The company has a debt-to-equity ratio of 21.86, a current ratio of 1.16 and a quick ratio of 1.12.

Allied Minds Company Profile

(Get Free Report)

Allied Minds plc is a private equity and venture capital firm specializing in pre-seed, seed, start-up, and early stage technology investments. The firm prefers to invest across all products, services, and industries with a focus on the life science and technology sector including medical devices, diagnostics, biopharmaceuticals, big data, cyber security, communications, semiconductors, and food safety.

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