Oxford Cannabinoid Technologies Holdings Plc (LON:OCTP – Get Free Report)’s share price traded down 66.6% during mid-day trading on Wednesday . The company traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.12 ($0.00). 33,863,473 shares traded hands during trading, an increase of 515% from the average session volume of 5,502,056 shares. The stock had previously closed at GBX 0.35 ($0.00).
Oxford Cannabinoid Technologies Price Performance
The firm has a market cap of £1.56 million, a P/E ratio of -53.10 and a beta of 0.79. The company’s 50-day simple moving average is GBX 0.39 and its 200 day simple moving average is GBX 0.57.
About Oxford Cannabinoid Technologies
Oxford Cannabinoid Technologies Holdings Plc, a pharmaceutical company, engages in the research, development, and commercialization of cannabinoid-based prescription medicines. Its lead drug candidate consists of OCT461201, an CB2 receptor, that is in phase I clinical trial for use in the treatment of chemotherapy-induced peripheral neuropathy and irritable bowel syndrome (IBS), as well as in neuropathic and visceral pain conditions.
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