Abcam (LON:ABC) Shares Cross Above 200-Day Moving Average – Should You Sell?

Abcam plc (LON:ABCGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,226 ($15.59) and traded as high as GBX 1,259 ($16.01). Abcam shares last traded at GBX 1,226 ($15.59), with a volume of 6,372,291 shares traded.

Abcam Stock Performance

The business has a 50-day moving average price of GBX 1,226 and a 200-day moving average price of GBX 1,226. The company has a quick ratio of 0.89, a current ratio of 1.27 and a debt-to-equity ratio of 31.60. The firm has a market capitalization of £2.81 billion and a price-to-earnings ratio of 20,433.33.

Abcam Company Profile

(Get Free Report)

Abcam plc, a life science company, focuses on identifying, developing, and distributing reagents and tools for scientific research, diagnostics, and drug discovery. Its principal products include primary and secondary antibodies; conjugated antibodies and conjugation kits; singleplex and multiplex immunoassays; proteins and peptides that include cytokines; edited cell lines and lysates; and various other products, including cellular activity kits, miRNA kits, biochemicals, and cell signaling pathway tools.

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