Shield Therapeutics (LON:STX) Stock Price Passes Below 50 Day Moving Average – Here’s What Happened

Shield Therapeutics plc (LON:STXGet Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 3.03 ($0.04) and traded as low as GBX 2.70 ($0.03). Shield Therapeutics shares last traded at GBX 2.80 ($0.04), with a volume of 416,748 shares.

Shield Therapeutics Stock Performance

The business has a 50-day moving average of GBX 2.96 and a 200 day moving average of GBX 3.14. The company has a market cap of £21.12 million, a PE ratio of -67.50 and a beta of 1.42. The company has a debt-to-equity ratio of 3,691.50, a current ratio of 1.05 and a quick ratio of 2.16.

About Shield Therapeutics

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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.

Further Reading

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