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

Venture Life Group plc (LON:VLG)’s share 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 traded.

Venture Life Group Stock Performance

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

Insider Transactions at Venture Life Group

In related news, insider Gianluca Braguti sold 77,930 shares of the business’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of GBX 46 ($0.58), for a total transaction of £35,847.80 ($45,176.81). Also, insider Mark Adams acquired 116,496 shares of the stock in a transaction that occurred 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). 10.41% of the stock is currently 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.