Shield Therapeutics (LON:STX) Shares Up 9.4% – Still a Buy?

Shield Therapeutics plc (LON:STXGet Free Report)’s share price rose 9.4% during trading on Tuesday . The company traded as high as GBX 3.07 ($0.04) and last traded at GBX 2.90 ($0.04). Approximately 909,442 shares traded hands during trading, a decline of 80% from the average daily volume of 4,498,458 shares. The stock had previously closed at GBX 2.65 ($0.03).

Shield Therapeutics Stock Up 9.4 %

The firm has a 50 day moving average price of GBX 3.83 and a 200-day moving average price of GBX 2.98. The company has a current ratio of 1.05, a quick ratio of 2.16 and a debt-to-equity ratio of 3,691.50. The firm has a market cap of £22.68 million, a PE ratio of -65.00 and a beta of 1.42.

Shield Therapeutics Company Profile

(Get Free Report)

Shield Therapeutics plc, a specialty pharmaceutical company, focuses on commercialization of pharmaceuticals to treat unmet medical needs. Its lead product is Accrufer/Feraccru, a non-salt based oral therapy for adults to treat the iron deficiency with or without anemia. Shield Therapeutics plc was founded in 2008 and is based in Gateshead, the United Kingdom.

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