Celadon Pharmaceuticals (LON:CEL) Sets New 12-Month Low – Here’s Why

Shares of Celadon Pharmaceuticals Plc (LON:CELGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 2.21 ($0.03) and last traded at GBX 3 ($0.04), with a volume of 579069 shares. The stock had previously closed at GBX 6.12 ($0.08).

Celadon Pharmaceuticals Price Performance

The company has a debt-to-equity ratio of 196.67, a current ratio of 1.92 and a quick ratio of 6.97. The firm has a market capitalization of £3.32 million, a P/E ratio of -0.68 and a beta of -0.26. The company’s 50 day moving average price is GBX 16.17 and its 200 day moving average price is GBX 20.88.

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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