Abingdon Health (LON:ABDX) Reaches New 12-Month High – Still a Buy?

Abingdon Health Plc (LON:ABDX) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 13 and last traded at GBX 12.30, with a volume of 611741 shares trading hands. The stock had previously closed at GBX 12.50.

Abingdon Health Price Performance

The stock has a market cap of £29.65 million, a P/E ratio of -14.58 and a beta of 0.12. The firm has a 50-day moving average price of GBX 8.94 and a 200-day moving average price of GBX 7.40. The company has a debt-to-equity ratio of 15.05, a quick ratio of 1.96 and a current ratio of 1.91.

Abingdon Health (LON:ABDX) last announced its earnings results on Tuesday, March 17th. The company reported GBX (0.43) earnings per share (EPS) for the quarter. Abingdon Health had a negative return on equity of 55.91% and a negative net margin of 33.88%.

Abingdon Health Company Profile

Abingdon Health is a world leading contract developer and manufacturer (CDMO) of high-quality rapid tests across all industry sectors, including healthcare, infectious disease, animal health, environmental and self-testing. Abingdon is the partner of choice for a growing global customer base and takes projects from initial concept through to routine and large-scale manufacturing and regulatory approval. The Company also markets its own range of self-tests under the Abingdon Simply Test brand (www.abingdonsimplytest.com) and has developed and marketed its own labelled tests.