Arecor Therapeutics (LON:AREC) Hits New 52-Week Low – Time to Sell?

Arecor Therapeutics plc (LON:ARECGet Free Report) shares hit a new 52-week low on Thursday . The company traded as low as GBX 48 ($0.62) and last traded at GBX 49.01 ($0.64), with a volume of 10588 shares trading hands. The stock had previously closed at GBX 50.50 ($0.65).

Arecor Therapeutics Stock Down 2.9 %

The company has a debt-to-equity ratio of 5.51, a current ratio of 1.37 and a quick ratio of 6.24. The company has a market capitalization of £18.51 million, a PE ratio of -1.73 and a beta of -0.18. The company has a 50-day moving average of GBX 56.82 and a two-hundred day moving average of GBX 67.82.

About Arecor Therapeutics

(Get Free Report)

Arecor Therapeutics plc is a globally focused biopharmaceutical company transforming patient care by bringing innovative medicines to market through the enhancement of existing therapeutic products. By applying our innovative proprietary technology platform, Arestat™, we are developing an internal portfolio of proprietary products in diabetes and other indications, as well as working with leading pharmaceutical and biotechnology companies to deliver therapeutic products.

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