Poolbeg Pharma (LON:POLB) Stock Price Down 1.1% – Here’s What Happened

Poolbeg Pharma PLC (LON:POLB)’s share price traded down 1.1% during trading on Monday . The company traded as low as GBX 4.30 and last traded at GBX 4.50. 395,588 shares were traded during mid-day trading, a decline of 69% from the average session volume of 1,282,056 shares. The stock had previously closed at GBX 4.55.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Poolbeg Pharma in a research report on Wednesday, January 28th.

Poolbeg Pharma Price Performance

The company has a 50-day moving average price of GBX 4.38 and a 200 day moving average price of GBX 4.11. The firm has a market capitalization of £31.73 million, a PE ratio of -3.95 and a beta of 1.82.

Poolbeg Pharma Company Profile

Poolbeg Pharma plc (AIM: POLB) is a clinical-stage biopharmaceutical company with a core focus on transforming the cancer immunotherapy field. The Company’s lead asset, POLB 001, has the potential to expand administration of cancer immunotherapies from centralised specialist cancer centres into community hospitals by making the treatments safer through the prevention of the life-threatening side effect, Cytokine Release Syndrome (CRS). As such, POLB 001 could increase the number of patients that can receive these life-saving treatments, thereby increasing the market opportunity.