Shield Therapeutics (LON:STX) Shares Cross Below 50-Day Moving Average – Time to Sell?

Shares of Shield Therapeutics plc (LON:STXGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 2.72 ($0.03) and traded as low as GBX 2.27 ($0.03). Shield Therapeutics shares last traded at GBX 2.40 ($0.03), with a volume of 9,722,382 shares traded.

Shield Therapeutics Stock Down 3.7 %

The company has a 50 day moving average price of GBX 2.71 and a 200-day moving average price of GBX 3.22. The stock has a market capitalization of £18.27 million, a PE ratio of -58.40 and a beta of 1.42. The company has a debt-to-equity ratio of 3,691.50, a current ratio of 1.05 and a quick ratio of 2.16.

About Shield Therapeutics

(Get Free Report)

Shield is a commercial-stage specialty pharmaceutical company that delivers Accrufer®/Feraccru® (ferric maltol), an innovative and differentiated pharmaceutical product, to address a significant unmet need for patients suffering from iron deficiency, with or without anemia. The Company has launched Accrufer® in the U.S.

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