Allergy Therapeutics (LON:AGY) Sets New 12-Month High – Time to Buy?

Allergy Therapeutics plc (LON:AGYGet Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 7 ($0.09) and last traded at GBX 6.53 ($0.08), with a volume of 2477185 shares changing hands. The stock had previously closed at GBX 6.80 ($0.09).

Allergy Therapeutics Stock Performance

The firm has a fifty day moving average of GBX 5.61 and a 200-day moving average of GBX 5.09. The company has a quick ratio of 1.48, a current ratio of 1.40 and a debt-to-equity ratio of 37.22. The firm has a market cap of £311.24 million, a P/E ratio of -108.75, a PEG ratio of -30.70 and a beta of 1.40.

About Allergy Therapeutics

(Get Free Report)

Allergy Therapeutics is an international commercial biotechnology company focussed on the treatment and diagnosis of allergic disorders, including aluminium free immunotherapy vaccines that have the potential to cure disease. The Group sells proprietary and third party products from its subsidiaries in nine major European countries and via distribution agreements in an additional ten countries.

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