Poolbeg Pharma (LON:POLB) Reaches New 52-Week Low – Here’s Why

Poolbeg Pharma PLC (LON:POLBGet Free Report)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 3.51 ($0.04) and last traded at GBX 3.68 ($0.05), with a volume of 2319499 shares traded. The stock had previously closed at GBX 3.78 ($0.05).

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Poolbeg Pharma in a research note on Thursday, January 2nd.

Check Out Our Latest Stock Analysis on POLB

Poolbeg Pharma Trading Down 2.8 %

The firm has a 50-day moving average price of GBX 5.27 and a 200-day moving average price of GBX 7.85. The company has a market capitalization of £18.89 million, a price-to-earnings ratio of 0.00 and a beta of 2.11.

Poolbeg Pharma Company Profile

(Get Free Report)

Poolbeg Pharma plc is focussed on the development and commercialisation of innovative medicines targeting serious diseases with a high unmet medical need. Its model focusses upon developing its exciting clinical assets and commercialising approved and marketed drugs to support the growth of the Company and the development of its robust pipeline of innovative products, thereby driving significant value creation.

Poolbeg is led by an experienced leadership team with a history of delivering significant shareholder value.

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