Avacta Group (LON:AVCT) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Avacta Group Plc (LON:AVCTGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 57.67 ($0.72) and traded as low as GBX 45.68 ($0.57). Avacta Group shares last traded at GBX 48 ($0.60), with a volume of 1,320,100 shares.

Avacta Group Stock Performance

The business has a 50-day moving average of GBX 50.83 and a 200 day moving average of GBX 57.67. The company has a debt-to-equity ratio of 63.54, a current ratio of 1.29 and a quick ratio of 4.96. The company has a market cap of £169.98 million, a PE ratio of -527.11 and a beta of 1.12.

Avacta Group Company Profile

(Get Free Report)

Avacta Group Plc develops cancer therapies and diagnostics in the United Kingdom, France, North America, South Korea, and rest of Asia and Europe. The company operates through Diagnostics and Therapeutics segments. It develops products based on its proprietary Affimer and pre|CISION technology platforms.

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