International Biotechnology Trust (LON:IBT) Shares Pass Above Two Hundred Day Moving Average of $575.77

Shares of International Biotechnology Trust Plc (LON:IBT) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $575.77 and traded as high as $612.00. International Biotechnology Trust shares last traded at $611.94, with a volume of 8,817 shares traded.

The firm has a market capitalization of $234.43 million and a P/E ratio of 12.56. The stock’s 50 day simple moving average is GBX 585.76 and its 200 day simple moving average is GBX 581.81.

International Biotechnology Trust Company Profile (LON:IBT)

International Biotechnology Trust plc specializes in investments in development stage and late stage companies. The majority of the fund's assets are generally invested in smaller and mid-capitalization quoted companies, with a minority in larger capitalization quoted companies. It makes long only investments.

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