Allergy Therapeutics (LON:AGY) Stock Price Down 6.7% – Here’s What Happened

Allergy Therapeutics plc (LON:AGY – Get Free Report) dropped 6.7% during mid-day trading on Monday. The stock traded as low as GBX 3.43 and last traded at GBX 3.50. Approximately 210,300 shares were traded during trading, a decline of 37% from the average daily volume of 332,814 shares. The stock had previously closed at GBX 3.75.

Allergy Therapeutics Trading Down 6.7%

The company has a market cap of £221.64 million, a PE ratio of -3.61, a price-to-earnings-growth ratio of -30.70 and a beta of 0.83. The company has a debt-to-equity ratio of 629.58, a current ratio of 1.13 and a quick ratio of 1.48. The company has a 50-day moving average of GBX 4.90 and a 200 day moving average of GBX 8.10.

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.

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