Arecor Therapeutics (LON:AREC) Hits New 12-Month Low – Should You Sell?

Arecor Therapeutics plc (LON:ARECGet Free Report) shares reached a new 52-week low during trading on Thursday . The company traded as low as GBX 50 ($0.63) and last traded at GBX 50 ($0.63), with a volume of 50543 shares changing hands. The stock had previously closed at GBX 51.50 ($0.65).

Arecor Therapeutics Trading Down 2.9 %

The business has a 50-day moving average of GBX 60.66 and a 200-day moving average of GBX 70.56. The company has a debt-to-equity ratio of 5.51, a quick ratio of 6.24 and a current ratio of 1.37. The stock has a market capitalization of £18.88 million, a price-to-earnings ratio of -1.77 and a beta of -0.18.

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, Arestatâ„¢, 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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