Celadon Pharmaceuticals (LON:CEL) Shares Down 27% – What’s Next?

Celadon Pharmaceuticals Plc (LON:CELGet Free Report)’s stock price was down 27% during mid-day trading on Wednesday . The company traded as low as GBX 7.38 ($0.10) and last traded at GBX 9.85 ($0.13). Approximately 62,044 shares traded hands during trading, a decline of 74% from the average daily volume of 236,416 shares. The stock had previously closed at GBX 13.50 ($0.18).

Celadon Pharmaceuticals Price Performance

The stock has a market cap of £7.97 million, a P/E ratio of -1.63 and a beta of -0.26. The business’s 50 day moving average price is GBX 18.34 and its two-hundred day moving average price is GBX 23.13. The company has a current ratio of 1.92, a quick ratio of 6.97 and a debt-to-equity ratio of 196.67.

Celadon Pharmaceuticals Company Profile

(Get Free Report)

Celadon Pharmaceuticals Plc is a UK-based pharmaceutical company focused on the development, production and sale of breakthrough cannabis-based medicines. Its primary focus is on improving quality of life for chronic pain sufferers, as well as exploring the potential of cannabis-based medicines for other conditions such as autism.

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