Celadon Pharmaceuticals (LON:CEL) Trading Up 15.2% – Should You Buy?

Celadon Pharmaceuticals Plc (LON:CELGet Free Report)’s stock price shot up 15.2% during trading on Wednesday . The stock traded as high as GBX 19 ($0.24) and last traded at GBX 19 ($0.24). 432,700 shares changed hands during trading, an increase of 48% from the average session volume of 292,733 shares. The stock had previously closed at GBX 16.50 ($0.21).

Celadon Pharmaceuticals Stock Performance

The stock has a market cap of £11.65 million, a PE ratio of -2.38 and a beta of -0.26. The stock has a fifty day simple moving average of GBX 18.45 and a two-hundred day simple moving average of GBX 25.96. The company has a debt-to-equity ratio of 196.67, a quick ratio of 6.97 and a current ratio of 1.92.

About Celadon Pharmaceuticals

(Get Free Report)

Celadon Pharmaceuticals Plc is a UK-based pharmaceutical company focused on the development, production and sale of breakthrough cannabis-based medicines. Its primary focus is on improving quality of life for chronic pain sufferers, as well as exploring the potential of cannabis-based medicines for other conditions such as autism.

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