Celadon Pharmaceuticals (LON:CEL) Stock Price Down 25.3% – Should You Sell?

Celadon Pharmaceuticals Plc (LON:CELGet Free Report)’s share price dropped 25.3% during trading on Friday . The stock traded as low as GBX 13 ($0.16) and last traded at GBX 13.45 ($0.17). Approximately 124,310 shares changed hands during trading, a decline of 66% from the average daily volume of 362,092 shares. The stock had previously closed at GBX 18 ($0.22).

Celadon Pharmaceuticals Stock Performance

The firm has a market cap of £9.15 million, a price-to-earnings ratio of -166.13 and a beta of -0.26. The stock’s fifty day moving average is GBX 17.46 and its two-hundred day moving average is GBX 30.39. The company has a debt-to-equity ratio of 194.82, a quick ratio of 6.97 and a current ratio of 1.92.

About Celadon Pharmaceuticals

(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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