Arecor Therapeutics (LON:AREC) Reaches New 52-Week Low – Should You Sell?

Arecor Therapeutics plc (LON:ARECGet Free Report)’s share price reached a new 52-week low on Friday . The company traded as low as GBX 50 ($0.63) and last traded at GBX 52 ($0.65), with a volume of 9584 shares changing hands. The stock had previously closed at GBX 54.50 ($0.69).

Arecor Therapeutics Price Performance

The business’s 50 day moving average is GBX 63.99 and its two-hundred day moving average is GBX 72.79. The firm has a market capitalization of £19.63 million, a PE ratio of -1.84 and a beta of -0.18. The company has a debt-to-equity ratio of 5.51, a quick ratio of 6.24 and a current ratio of 1.37.

About Arecor Therapeutics

(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, Arestat™, 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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