Celadon Pharmaceuticals (LON:CEL) Stock Price Up 10.2% – What’s Next?

Shares of Celadon Pharmaceuticals Plc (LON:CELGet Free Report) traded up 10.2% on Wednesday . The company traded as high as GBX 27 ($0.33) and last traded at GBX 23.70 ($0.29). 115,646 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 424,960 shares. The stock had previously closed at GBX 21.50 ($0.27).

Celadon Pharmaceuticals Stock Up 16.3 %

The company has a current ratio of 1.92, a quick ratio of 6.97 and a debt-to-equity ratio of 194.82. The firm has a 50 day moving average price of GBX 17.47 and a 200-day moving average price of GBX 32.02. The firm has a market cap of £17.21 million, a price-to-earnings ratio of -312.50 and a beta of -0.26.

Celadon Pharmaceuticals Company Profile

(Get Free Report)

Celadon Pharmaceuticals Plc is a UK-based pharmaceutical company focused on the development, production and sale of breakthrough cannabis-based medicines. Its primary focus is on improving quality of life for chronic pain sufferers, as well as exploring the potential of cannabis-based medicines for other conditions such as autism.

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