Arecor Therapeutics (LON:AREC) Reaches New 1-Year Low – Here’s Why

Shares of Arecor Therapeutics plc (LON:ARECGet Free Report) hit a new 52-week low on Wednesday . The stock traded as low as GBX 48 ($0.61) and last traded at GBX 48 ($0.61), with a volume of 264564 shares trading hands. The stock had previously closed at GBX 50.50 ($0.65).

Arecor Therapeutics Stock Performance

The company has a quick ratio of 6.24, a current ratio of 1.37 and a debt-to-equity ratio of 5.51. The stock has a fifty day moving average price of GBX 59.20 and a 200-day moving average price of GBX 69.27. The firm has a market cap of £18.12 million, a price-to-earnings ratio of -1.70 and a beta of -0.18.

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, Arestat™, 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.

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