Polarean Imaging (LON:POLX) Trading Down 10% – Here’s Why

Shares of Polarean Imaging plc (LON:POLXGet Free Report) dropped 10% on Monday . The stock traded as low as GBX 0.13 and last traded at GBX 0.14. Approximately 1,769,497 shares changed hands during trading, a decline of 73% from the average daily volume of 6,516,836 shares. The stock had previously closed at GBX 0.15.

Polarean Imaging Stock Down 10.0%

The company has a 50-day moving average of GBX 0.21 and a 200-day moving average of GBX 0.75. The company has a current ratio of 4.12, a quick ratio of 9.80 and a debt-to-equity ratio of 2.61. The company has a market capitalization of £1.63 million, a price-to-earnings ratio of -1.35 and a beta of 0.38.

About Polarean Imaging

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Polarean is a revenue-generating medical imaging technology company revolutionizing pulmonary medicine through direct visualization of lung function by introducing the power and safety of MRI to the respiratory healthcare community. This community is in desperate need of modern solutions to accurately assess lung function.

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