Poolbeg Pharma (LON:POLB) Hits New 1-Year Low – Here’s Why

Poolbeg Pharma PLC (LON:POLBGet Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 3.51 ($0.04) and last traded at GBX 3.68 ($0.05), with a volume of 2319499 shares traded. The stock had previously closed at GBX 3.78 ($0.05).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of Poolbeg Pharma in a research report on Thursday, January 2nd.

Read Our Latest Research Report on POLB

Poolbeg Pharma Stock Down 2.8 %

The firm has a market cap of £17.73 million, a PE ratio of 0.00 and a beta of 2.11. The company’s fifty day moving average price is GBX 5.13 and its two-hundred day moving average price is GBX 7.76.

About Poolbeg Pharma

(Get Free Report)

Poolbeg Pharma plc is focussed on the development and commercialisation of innovative medicines targeting serious diseases with a high unmet medical need. Its model focusses upon developing its exciting clinical assets and commercialising approved and marketed drugs to support the growth of the Company and the development of its robust pipeline of innovative products, thereby driving significant value creation.

Poolbeg is led by an experienced leadership team with a history of delivering significant shareholder value.

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