Arecor Therapeutics (LON:AREC) Reaches New 12-Month Low – What’s Next?

Arecor Therapeutics plc (LON:ARECGet Free Report)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 54.75 ($0.67) and last traded at GBX 57 ($0.70), with a volume of 62242 shares changing hands. The stock had previously closed at GBX 74 ($0.90).

Arecor Therapeutics Stock Down 23.0 %

The company has a debt-to-equity ratio of 5.51, a current ratio of 1.37 and a quick ratio of 6.24. The stock has a market cap of £21.52 million, a price-to-earnings ratio of -203.57 and a beta of -0.18. The firm’s 50-day moving average is GBX 73.29 and its 200 day moving average is GBX 81.27.

About Arecor Therapeutics

(Get Free Report)

Arecor Therapeutics plc is a biopharmaceutical company transforming patient care by bringing innovative medicines to market. Through the enhancement of existing medicines using our Arestatâ„¢ technology, we are developing a broad portfolio of therapies as part of our proprietary pipeline and through partnerships with leading pharmaceutical and biotech companies.

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