Celadon Pharmaceuticals (LON:CEL) Sets New 52-Week Low – What’s Next?

Celadon Pharmaceuticals Plc (LON:CELGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 12 ($0.15) and last traded at GBX 12.68 ($0.16), with a volume of 8805 shares traded. The stock had previously closed at GBX 12.66 ($0.16).

Celadon Pharmaceuticals Stock Down 12.0 %

The business’s 50-day moving average is GBX 25.06 and its two-hundred day moving average is GBX 48.02. The firm has a market capitalization of £7.57 million, a price-to-earnings ratio of -137.50 and a beta of -0.26. The company has a debt-to-equity ratio of 194.82, a quick ratio of 6.97 and a current ratio of 1.92.

About Celadon Pharmaceuticals

(Get Free Report)

Celadon Pharmaceuticals Plc engages in the research, cultivation, manufacturing, and sale of cannabis-based medicines. The company primarily focuses on growing indoor hydroponic cannabis for use in medicinal products used to treat chronic pain, as well as autism spectrum disorders. Celadon Pharmaceuticals Plc was founded in 2018 and is headquartered in London, the United Kingdom.

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