Arecor Therapeutics (LON:AREC) Sets New 1-Year Low – Time to Sell?

Arecor Therapeutics plc (LON:ARECGet Free Report)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as GBX 54.75 ($0.67) and last traded at GBX 57 ($0.70), with a volume of 62242 shares changing hands. The stock had previously closed at GBX 74 ($0.91).

Arecor Therapeutics Stock Performance

The stock has a 50 day simple moving average of GBX 73.65 and a 200 day simple moving average of GBX 81.95. The company has a quick ratio of 6.24, a current ratio of 1.37 and a debt-to-equity ratio of 5.51. The company has a market cap of £21.52 million, a price-to-earnings ratio of -203.57 and a beta of -0.18.

About Arecor Therapeutics

(Get Free Report)

Arecor Therapeutics plc is a biopharmaceutical company transforming patient care by bringing innovative medicines to market. Through the enhancement of existing medicines using our Arestat™ technology, we are developing a broad portfolio of therapies as part of our proprietary pipeline and through partnerships with leading pharmaceutical and biotech companies.

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