Bermele (LON:BERM) Shares Down 16%

Bermele plc (LON:BERM) shares fell 16% during mid-day trading on Monday . The company traded as low as GBX 1.05 ($0.01) and last traded at GBX 1.05 ($0.01), 235,509 shares traded hands during trading. The stock had previously closed at GBX 1.25 ($0.02).

The stock’s 50 day moving average is GBX 1.42.

Bermele Company Profile (LON:BERM)

Bermele plc intends to acquire business or businesses operating in the pharmaceutical and biotechnology sectors. The company was incorporated in 2017 and is based in London, the United Kingdom.

Read More: Understanding Compound Annual Growth Rate (CAGR)

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