Abcam (LON:ABC) Stock Passes Below 200 Day Moving Average – What’s Next?

Abcam plc (LON:ABC – Get Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,226 ($15.90) and traded as low as GBX 1,115 ($14.46). Abcam shares last traded at GBX 1,226 ($15.90), with a volume of 6,372,291 shares changing hands.

Abcam Stock Up 11.2 %

The company has a market cap of £2.81 billion and a price-to-earnings ratio of 20,433.33. The stock has a 50-day simple moving average of GBX 1,226 and a 200-day simple moving average of GBX 1,226. The company has a current ratio of 1.27, a quick ratio of 0.89 and a debt-to-equity ratio of 31.60.

About Abcam

(Get Free Report)

Abcam plc, a life science company, focuses on identifying, developing, and distributing reagents and tools for scientific research, diagnostics, and drug discovery. Its principal products include primary and secondary antibodies; conjugated antibodies and conjugation kits; singleplex and multiplex immunoassays; proteins and peptides that include cytokines; edited cell lines and lysates; and various other products, including cellular activity kits, miRNA kits, biochemicals, and cell signaling pathway tools.

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