Arecor Therapeutics (LON:AREC) Reaches New 12-Month Low – Time to Sell?

Arecor Therapeutics plc (LON:ARECGet Free Report)’s stock price hit a new 52-week low on Wednesday . The company traded as low as GBX 47.95 ($0.62) and last traded at GBX 47.95 ($0.62), with a volume of 16492 shares. The stock had previously closed at GBX 49 ($0.63).

Arecor Therapeutics Trading Down 2.2 %

The company has a current ratio of 1.37, a quick ratio of 6.24 and a debt-to-equity ratio of 5.51. The company has a fifty day moving average of GBX 53.22 and a two-hundred day moving average of GBX 65.53. The stock has a market capitalization of £18.10 million, a price-to-earnings ratio of -1.69 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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