Insider Buying: The Biotech Growth Trust PLC (LON:BIOG) Insider Buys £74,700 in Stock

The Biotech Growth Trust PLC (LON:BIOG) insider Roger Yates acquired 10,000 shares of the stock in a transaction on Wednesday, June 4th. The shares were purchased at an average cost of GBX 747 ($10.11) per share, with a total value of £74,700 ($101,055.19).

The Biotech Growth Trust Price Performance

LON BIOG opened at GBX 762 ($10.31) on Friday. The stock has a 50-day moving average of GBX 707.89 and a 200 day moving average of GBX 802.62. The company has a market capitalization of £217.69 million, a price-to-earnings ratio of 2.56 and a beta of 0.50. The Biotech Growth Trust PLC has a one year low of GBX 612.70 ($8.29) and a one year high of GBX 1,068.36 ($14.45). The company has a debt-to-equity ratio of 11.02, a quick ratio of 0.00 and a current ratio of 0.59.

The Biotech Growth Trust Company Profile

The Biotech Growth Trust seeks capital appreciation through investment in the worldwide biotechnology industry. In order to achieve its investment objective, the Company invests in a diversified portfolio of shares and related securities in biotechnology companies on a worldwide basis. Performance is measured against the NASDAQ Biotechnology Index (sterling adjusted).