Proteome Sciences (LON:PRM) Trading 9% Higher – Time to Buy?

Shares of Proteome Sciences plc (LON:PRM – Get Free Report) traded up 9% on Monday . The company traded as high as GBX 3.91 ($0.05) and last traded at GBX 3.35 ($0.04). 967,070 shares changed hands during trading, an increase of 496% from the average session volume of 162,146 shares. The stock had previously closed at GBX 3.07 ($0.04).

Proteome Sciences Price Performance

The company has a 50-day simple moving average of GBX 2.72 and a 200-day simple moving average of GBX 3.15. The stock has a market cap of £9.89 million, a PE ratio of -335.00 and a beta of 0.07.

About Proteome Sciences

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Proteome Sciences plc provides contract research services for the identification, validation, and application of protein biomarkers in the United States, the United Kingdom, European Union, and internationally. The company offers TMT LC-MS2, a standard method for analyzing cells and tissues when no phosphopeptide enrichment is required; TMT LC-MS3, a standard method for biomarker discovery in plasma and other samples where quantitative accuracy is a factor; SysQuant, provides an analysis of protein activity across regulatory and signaling pathways; and TMTcalibrator, analyzes where diseased or treated tissue can be analyzed in parallel with peripheral fluids.

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