Arecor Therapeutics (LON:AREC) Sets New 12-Month Low – Should You Sell?

Arecor Therapeutics plc (LON:ARECGet Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 36 ($0.47) and last traded at GBX 36 ($0.47), with a volume of 56446 shares trading hands. The stock had previously closed at GBX 38 ($0.50).

Arecor Therapeutics Trading Down 5.3 %

The stock has a market capitalization of £13.59 million, a P/E ratio of -1.27 and a beta of -0.18. The stock’s fifty day moving average price is GBX 47.65 and its two-hundred day moving average price is GBX 61.90. The company has a current ratio of 1.37, a quick ratio of 6.24 and a debt-to-equity ratio of 5.51.

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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