Allergy Therapeutics (LON:AGY) Trading Down 8.9% – Here’s Why

Shares of Allergy Therapeutics plc (LON:AGYGet Free Report) fell 8.9% during mid-day trading on Tuesday . The stock traded as low as GBX 5.87 ($0.07) and last traded at GBX 6.25 ($0.08). 478,628 shares traded hands during mid-day trading, an increase of 5% from the average session volume of 454,540 shares. The stock had previously closed at GBX 6.86 ($0.09).

Allergy Therapeutics Stock Down 8.9 %

The company has a market cap of £307.19 million, a price-to-earnings ratio of -6.02, a price-to-earnings-growth ratio of -30.70 and a beta of 1.40. The company has a current ratio of 1.63, a quick ratio of 1.48 and a debt-to-equity ratio of 835.48. The firm’s fifty day moving average price is GBX 6.71 and its 200-day moving average price is GBX 5.48.

Allergy Therapeutics Company Profile

(Get Free Report)

Allergy Therapeutics is an international commercial biotechnology company focussed on the treatment and diagnosis of allergic disorders, including aluminium free immunotherapy vaccines that have the potential to cure disease. The Group sells proprietary and third party products from its subsidiaries in nine major European countries and via distribution agreements in an additional ten countries.

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