BioPharma Credit (LON:BPCR) Shares Cross Below 50 Day Moving Average of $0.91

BioPharma Credit (LON:BPCRGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 0.91 ($0.01) and traded as low as GBX 0.89 ($0.01). BioPharma Credit shares last traded at GBX 0.90 ($0.01), with a volume of 927,652 shares traded.

BioPharma Credit Price Performance

The stock has a 50-day simple moving average of GBX 0.91 and a 200-day simple moving average of GBX 0.88. The stock has a market cap of £10.85 million, a P/E ratio of 11.30 and a beta of 0.22.

BioPharma Credit Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, October 29th. Shareholders of record on Thursday, September 26th will be issued a $0.04 dividend. The ex-dividend date is Thursday, September 26th. This represents a dividend yield of 4.26%. This is a boost from BioPharma Credit’s previous dividend of $0.02. BioPharma Credit’s dividend payout ratio (DPR) is presently 8,750.00%.

About BioPharma Credit

(Get Free Report)

BioPharma Credit PLC, an investment trust, primarily invests in interest-bearing debt assets. Its debt assets are secured by royalties or other cash flows derived from the sales of approved life sciences products. The company was incorporated in 2016 and is based in London, the United Kingdom.

Featured Stories

Receive News & Ratings for BioPharma Credit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BioPharma Credit and related companies with MarketBeat.com's FREE daily email newsletter.