Shield Therapeutics (LON:STX) Shares Up 22.8% – Here’s Why

Shares of Shield Therapeutics plc (LON:STXGet Free Report) traded up 22.8% on Wednesday . The company traded as high as GBX 3.60 ($0.04) and last traded at GBX 3.50 ($0.04). 5,293,617 shares were traded during trading, an increase of 126% from the average session volume of 2,340,523 shares. The stock had previously closed at GBX 2.85 ($0.04).

Shield Therapeutics Stock Performance

The stock has a market capitalization of £24.19 million, a P/E ratio of -77.33 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. The company has a 50-day moving average price of GBX 2.71 and a two-hundred day moving average price of GBX 3.32.

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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