Celadon Pharmaceuticals (LON:CEL) Reaches New 52-Week Low – Time to Sell?

Celadon Pharmaceuticals Plc (LON:CELGet Free Report) reached a new 52-week low on Monday . The stock traded as low as GBX 5 ($0.06) and last traded at GBX 10.87 ($0.14), with a volume of 788720 shares trading hands. The stock had previously closed at GBX 15 ($0.19).

Celadon Pharmaceuticals Trading Down 27.6 %

The company has a current ratio of 1.92, a quick ratio of 6.97 and a debt-to-equity ratio of 196.67. The stock has a market capitalization of £6.66 million, a PE ratio of -1.36 and a beta of -0.26. The stock has a 50 day moving average price of GBX 18.32 and a 200-day moving average price of GBX 22.74.

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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