Bioventix (LON:BVXP) Shares Pass Above Fifty Day Moving Average – What’s Next?

Bioventix PLC (LON:BVXP)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 3,783.15 ($47.68) and traded as high as GBX 3,950 ($49.78). Bioventix shares last traded at GBX 3,885 ($48.96), with a volume of 5,518 shares changing hands.

Bioventix Stock Performance

The stock has a 50 day moving average of GBX 3,783.15 and a 200-day moving average of GBX 4,123.38. The firm has a market capitalization of £199.67 million, a P/E ratio of 2,383.44 and a beta of 0.35.

Bioventix Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, November 21st. Investors of record on Thursday, November 7th will be paid a GBX 87 ($1.10) dividend. This is a boost from Bioventix’s previous dividend of $68.00. This represents a yield of 2.4%. The ex-dividend date is Thursday, November 7th. Bioventix’s payout ratio is currently 9,693.25%.

Insider Activity at Bioventix

In related news, insider Bruce Hiscock bought 300 shares of Bioventix stock in a transaction on Wednesday, October 30th. The stock was acquired at an average price of GBX 3,330 ($41.97) per share, with a total value of £9,990 ($12,589.79). 8.02% of the stock is currently owned by company 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.