Venn Life Sciences (LON:VENN) Shares Cross Below 200 Day Moving Average – What’s Next?

Venn Life Sciences Holdings PLC (LON:VENNGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 6.85 ($0.09) and traded as low as GBX 6.70 ($0.09). Venn Life Sciences shares last traded at GBX 6.85 ($0.09), with a volume of 1,027,544 shares traded.

Venn Life Sciences Stock Performance

The business’s 50-day moving average price is GBX 6.85 and its two-hundred day moving average price is GBX 6.85. The company has a market capitalization of £4.89 million and a P/E ratio of -2.14. The company has a debt-to-equity ratio of 35.83, a current ratio of 2.30 and a quick ratio of 1.48.

About Venn Life Sciences

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Venn Life Sciences Holdings Plc, a clinical research organization, provides consulting and clinical trial services to pharmaceutical, biotechnology, and medical device companies in the United Kingdom, Ireland, France, the Netherlands, Germany, and Singapore. The company offers drug development planning and strategy services, including clinical feasibility assessment, project management, and in-licensing and technical due diligence; and early drug development services, such as drug candidate selection, CMC, non-clinical/pre-clinical development, clinical pharmacology, pharmacokinetics, and pharmacometrics and PK-PD modelling.

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