Arecor Therapeutics plc (LON:AREC – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 47.95 ($0.62) and last traded at GBX 47.95 ($0.62), with a volume of 16492 shares trading hands. The stock had previously closed at GBX 49 ($0.63).
Arecor Therapeutics Stock Down 2.2 %
The company has a current ratio of 1.37, a quick ratio of 6.24 and a debt-to-equity ratio of 5.51. The firm’s 50 day simple moving average is GBX 53.22 and its 200-day simple moving average is GBX 65.53. The company has a market capitalization of £18.10 million, a price-to-earnings ratio of -1.69 and a beta of -0.18.
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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