Venture Life Group (LON:VLG) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

Venture Life Group plc (LON:VLG)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 44.28 ($0.56) and traded as low as GBX 40 ($0.50). Venture Life Group shares last traded at GBX 40.45 ($0.51), with a volume of 130,101 shares changing hands.

Venture Life Group Stock Performance

The stock has a market capitalization of £51.46 million, a P/E ratio of 4,050.00, a P/E/G ratio of 5.67 and a beta of 0.30. The company’s 50-day moving average is GBX 44.28 and its two-hundred day moving average is GBX 44.14. The company has a current ratio of 2.22, a quick ratio of 1.48 and a debt-to-equity ratio of 28.45.

Insiders Place Their Bets

In related news, insider Mark Adams purchased 116,496 shares of the company’s stock in a transaction on Wednesday, October 30th. The shares were bought at an average cost of GBX 43 ($0.54) per share, for a total transaction of £50,093.28 ($63,129.53). Also, insider Gianluca Braguti sold 77,930 shares of the business’s stock in a transaction dated Friday, August 30th. The stock was sold at an average price of GBX 46 ($0.58), for a total transaction of £35,847.80 ($45,176.81). 10.41% of the stock is owned by insiders.

About Venture Life Group

Venture Life Group plc develops and commercializes healthcare products in the United Kingdom, the Netherlands, China, Germany, Italy, Switzerland, rest of Europe, and internationally. The company offers oral healthcare products, including mouthwash, toothpaste, breath freshening capsules, and dental accessories under UltraDEX and Dentyl Dual Action brands; and proctology products, such as Procto-eze Plus range for treating the discomfort caused by haemorrhoids.