Arecor Therapeutics (LON:AREC) Sets New 1-Year Low – Here’s What Happened

Arecor Therapeutics plc (LON:ARECGet Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 48 ($0.62) and last traded at GBX 48 ($0.62), with a volume of 264564 shares trading hands. The stock had previously closed at GBX 50.50 ($0.65).

Arecor Therapeutics Price Performance

The stock has a market cap of £19.78 million, a P/E ratio of -1.85 and a beta of -0.18. The company has a 50 day simple moving average of GBX 58.53 and a 200 day simple moving average of GBX 69. The company has a current ratio of 1.37, a quick ratio of 6.24 and a debt-to-equity ratio of 5.51.

Arecor Therapeutics Company Profile

(Get Free Report)

Arecor Therapeutics plc is a globally focused biopharmaceutical company transforming patient care by bringing innovative medicines to market through the enhancement of existing therapeutic products. By applying our innovative proprietary technology platform, Arestatâ„¢, we are developing an internal portfolio of proprietary products in diabetes and other indications, as well as working with leading pharmaceutical and biotechnology companies to deliver therapeutic products.

Featured Stories

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