Shares of Arecor Therapeutics plc (LON:AREC – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 48 ($0.62) and last traded at GBX 49.01 ($0.64), with a volume of 10588 shares trading hands. The stock had previously closed at GBX 50.50 ($0.65).
Arecor Therapeutics Stock Down 2.9 %
The company has a market cap of £18.51 million, a P/E ratio of -1.73 and a beta of -0.18. The company has a quick ratio of 6.24, a current ratio of 1.37 and a debt-to-equity ratio of 5.51. The business’s 50 day moving average is GBX 56.82 and its 200 day moving average is GBX 67.82.
About Arecor Therapeutics
Arecor Therapeutics plc is a globally focused biopharmaceutical company transforming patient care by bringing innovative medicines to market through the enhancement of existing therapeutic products. By applying our innovative proprietary technology platform, Arestat™, we are developing an internal portfolio of proprietary products in diabetes and other indications, as well as working with leading pharmaceutical and biotechnology companies to deliver therapeutic products.
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