Venture Life Group (LON:VLG) Share Price Passes Below 200 Day Moving Average – What’s Next?

Venture Life Group plc (LON:VLG) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 43.16 ($0.53) and traded as low as GBX 37 ($0.45). Venture Life Group shares last traded at GBX 37.13 ($0.45), with a volume of 39,264 shares.

Venture Life Group Trading Down 1.9 %

The stock has a market capitalization of £46.73 million, a price-to-earnings ratio of 3,678.00, a P/E/G ratio of 5.67 and a beta of 0.30. The firm has a fifty day moving average of GBX 38.50 and a 200-day moving average of GBX 43.11. The company has a debt-to-equity ratio of 28.45, a quick ratio of 1.48 and a current ratio of 2.22.

Insider Activity

In other news, insider Mark Adams purchased 116,496 shares of the stock in a transaction dated Wednesday, October 30th. The shares were bought at an average cost of GBX 43 ($0.52) per share, for a total transaction of £50,093.28 ($60,948.14). Company insiders own 10.41% of the company’s stock.

Venture Life Group Company Profile

Venture Life is an international consumer self-care company focused on developing, manufacturing and commercialising products for the global self-care market.

With operations in the UK, The Netherlands and Italy, the Group’s product portfolio includes some key products such as the UltraDEX and Dentyl oral care product ranges, food supplements for maintaining brain function, medical devices for women’s intimate healthcare, fungal infections and proctology, and dermo-cosmetics for addressing the signs of ageing.

The products, which are typically recommended by pharmacists or healthcare practitioners, are available primarily through pharmacies and grocery multiples.