Shield Therapeutics (LON:STX) Shares Up 22.8% – Time to Buy?

Shield Therapeutics plc (LON:STXGet Free Report)’s stock price traded up 22.8% during trading on Wednesday . The stock traded as high as GBX 3.60 ($0.04) and last traded at GBX 3.50 ($0.04). 5,293,617 shares changed hands during mid-day trading, an increase of 126% from the average session volume of 2,340,523 shares. The stock had previously closed at GBX 2.85 ($0.04).

Shield Therapeutics Stock Performance

The company has a 50 day moving average of GBX 2.70 and a 200 day moving average of GBX 3.31. The company has a quick ratio of 2.16, a current ratio of 1.05 and a debt-to-equity ratio of 3,691.50. The firm has a market cap of £26.77 million, a price-to-earnings ratio of -85.58 and a beta of 1.42.

About Shield Therapeutics

(Get Free Report)

Shield is a commercial-stage specialty pharmaceutical company that delivers Accrufer®/Feraccru® (ferric maltol), an innovative and differentiated pharmaceutical product, to address a significant unmet need for patients suffering from iron deficiency, with or without anemia. The Company has launched Accrufer® in the U.S.

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