Allergy Therapeutics plc (LON:AGY – Get Free Report) shares were down 11.3% on Wednesday . The stock traded as low as GBX 5.40 and last traded at GBX 5.50. Approximately 370,638 shares changed hands during trading, an increase of 39% from the average session volume of 266,926 shares. The stock had previously closed at GBX 6.20.
Allergy Therapeutics Price Performance
The company has a quick ratio of 1.48, a current ratio of 1.13 and a debt-to-equity ratio of 629.58. The stock has a market capitalization of £348.29 million, a price-to-earnings ratio of -5.67, a P/E/G ratio of -30.70 and a beta of 0.87. The business’s 50 day simple moving average is GBX 7.91 and its 200-day simple moving average is GBX 9.86.
About Allergy Therapeutics
Allergy Therapeutics is an international commercial biotechnology company focussed on the treatment and diagnosis of allergic disorders, including aluminium free immunotherapy vaccines that have the potential to cure disease. The Group sells proprietary and third party products from its subsidiaries in nine major European countries and via distribution agreements in an additional ten countries. Its broad pipeline of products in clinical development include vaccines for grass, tree and house dust mite, and peanut allergy vaccine in pre-clinical development.
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