Abingdon Health (LON:ABDX) Shares Down 2.2% – Here’s Why

Shares of Abingdon Health Plc (LON:ABDXGet Free Report) were down 2.2% on Wednesday . The company traded as low as GBX 11 and last traded at GBX 11. 8,378 shares were traded during trading, a decline of 97% from the average daily volume of 303,568 shares. The stock had previously closed at GBX 11.25.

Abingdon Health Trading Down 2.2%

The company’s 50 day moving average price is GBX 11.24 and its two-hundred day moving average price is GBX 8.40. The firm has a market cap of £27.62 million, a PE ratio of -13.58 and a beta of 0.18. The company has a quick ratio of 1.96, a current ratio of 1.91 and a debt-to-equity ratio of 15.05.

About Abingdon Health

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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.

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