BioPharma Credit (LON:BPCR – Get Free Report)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 0.87 ($0.01) and traded as low as GBX 0.86 ($0.01). BioPharma Credit shares last traded at GBX 0.86 ($0.01), with a volume of 319,248 shares.
BioPharma Credit Trading Down 1.1 %
The company’s fifty day moving average is GBX 0.87 and its 200-day moving average is GBX 0.87. The firm has a market capitalization of £1.02 billion, a P/E ratio of 9.80 and a beta of 0.22.
BioPharma Credit Cuts Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Thursday, April 3rd will be given a $0.02 dividend. This represents a dividend yield of 1.99%. The ex-dividend date of this dividend is Thursday, April 3rd. BioPharma Credit’s dividend payout ratio is currently 7,957.15%.
BioPharma Credit Company Profile
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.
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