Allergy Therapeutics (LON:AGY) Sets New 1-Year Low – Here’s Why

Shares of Allergy Therapeutics plc (LON:AGYGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 5 and last traded at GBX 5.90, with a volume of 143181 shares trading hands. The stock had previously closed at GBX 5.50.

Allergy Therapeutics Stock Up 7.3%

The company’s fifty day moving average is GBX 7.82 and its 200-day moving average is GBX 9.82. The company has a debt-to-equity ratio of 629.58, a quick ratio of 1.48 and a current ratio of 1.13. The company has a market capitalization of £373.62 million, a PE ratio of -6.08, a price-to-earnings-growth ratio of -30.70 and a beta of 0.87.

Allergy Therapeutics Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Allergy Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allergy Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.