Arecor Therapeutics (LON:AREC) Hits New 52-Week Low – Time to Sell?

Arecor Therapeutics plc (LON:ARECGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 48 ($0.62) and last traded at GBX 48 ($0.62), with a volume of 11 shares changing hands. The stock had previously closed at GBX 49.50 ($0.64).

Arecor Therapeutics Trading Down 3.0 %

The business has a 50 day moving average of GBX 54.75 and a 200 day moving average of GBX 66.62. The firm has a market cap of £18.12 million, a price-to-earnings ratio of -1.70 and a beta of -0.18. The company has a quick ratio of 6.24, a current ratio of 1.37 and a debt-to-equity ratio of 5.51.

Arecor Therapeutics Company Profile

(Get Free Report)

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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