Oxford Cannabinoid Technologies (LON:OCTP) Shares Down 4.2%

Oxford Cannabinoid Technologies Holdings Plc (LON:OCTP)’s share price traded down 4.2% on Wednesday . The stock traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). 11,402,242 shares changed hands during trading, an increase of 22% from the average session volume of 9,326,041 shares. The stock had previously closed at GBX 0.12 ($0.00).

Oxford Cannabinoid Technologies Trading Down 4.2 %

The firm has a market capitalization of £1.25 million, a P/E ratio of -53.10 and a beta of 0.82. The stock’s 50-day simple moving average is GBX 0.18 and its 200-day simple moving average is GBX 0.40.

Oxford Cannabinoid Technologies Company Profile

Oxford Cannabinoid Technologies Holdings Plc, a pharmaceutical company, engages in the research, development, and commercialization of cannabinoid-based prescription medicines. Its lead drug candidate consists of OCT461201, an CB2 receptor, that is in phase I clinical trial for use in the treatment of chemotherapy-induced peripheral neuropathy and irritable bowel syndrome (IBS), as well as in neuropathic and visceral pain conditions.