Bioventix (LON:BVXP) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Bioventix PLC (LON:BVXP) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 4,148.89 ($54.01) and traded as low as GBX 3,625 ($47.19). Bioventix shares last traded at GBX 3,735 ($48.62), with a volume of 12,942 shares trading hands.

Bioventix Stock Performance

The business’s 50-day moving average price is GBX 3,807.23 and its 200 day moving average price is GBX 4,143.65. The company has a market cap of £193.14 million, a P/E ratio of 2,269.94 and a beta of 0.35.

Bioventix Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, November 21st. Investors of record on Thursday, November 7th will be issued a dividend of GBX 87 ($1.13) per share. This is an increase from Bioventix’s previous dividend of $68.00. The ex-dividend date of this dividend is Thursday, November 7th. This represents a dividend yield of 2.4%. Bioventix’s payout ratio is presently 9,693.25%.

Insider Buying and Selling

In other Bioventix news, insider Bruce Hiscock acquired 300 shares of the business’s stock in a transaction on Wednesday, October 30th. The stock was purchased at an average price of GBX 3,330 ($43.35) per share, with a total value of £9,990 ($13,004.43). 8.02% of the stock is currently owned by insiders.

Bioventix Company Profile

Bioventix PLC creates, manufactures, and supplies sheep monoclonal antibodies (SMAs) for diagnostic applications worldwide. The company offers a portfolio of purified SMAs for thyroid, vitamin D, cardiac, drugs of abuse, fertility, oncology, and miscellaneous indications; and Pyrene (HOP-G) ELISA kit to monitor human exposure to industrial pollutants.