Shield Therapeutics (LON:STX) Stock Price Down 2.7% – Here’s Why

Shares of Shield Therapeutics plc (LON:STXGet Free Report) fell 2.7% on Wednesday . The stock traded as low as GBX 2.70 ($0.03) and last traded at GBX 2.75 ($0.04). 2,423,015 shares were traded during trading, a decline of 47% from the average session volume of 4,531,060 shares. The stock had previously closed at GBX 2.83 ($0.04).

Shield Therapeutics Trading Down 2.7 %

The business’s 50-day simple moving average is GBX 3.36 and its two-hundred day simple moving average is GBX 3.09. The firm has a market capitalization of £21.51 million, a price-to-earnings ratio of -68.75 and a beta of 1.42. The company has a quick ratio of 2.16, a current ratio of 1.05 and a debt-to-equity ratio of 3,691.50.

About Shield Therapeutics

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Shield Therapeutics plc, a specialty pharmaceutical company, focuses on commercialization of pharmaceuticals to treat unmet medical needs. Its lead product is Accrufer/Feraccru, a non-salt based oral therapy for adults to treat the iron deficiency with or without anemia. Shield Therapeutics plc was founded in 2008 and is based in Gateshead, the United Kingdom.

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