Allergy Therapeutics (LON:AGY) Stock Price Down 5.4% – Here’s What Happened

Allergy Therapeutics plc (LON:AGYGet Free Report) was down 5.4% during trading on Wednesday . The stock traded as low as GBX 6.17 and last traded at GBX 7. Approximately 567,492 shares were traded during mid-day trading, an increase of 110% from the average daily volume of 270,451 shares. The stock had previously closed at GBX 7.40.

Allergy Therapeutics Stock Performance

The firm’s 50 day moving average is GBX 8.27 and its two-hundred day moving average is GBX 10.02. The stock has a market capitalization of £443.28 million, a PE ratio of -7.22, a P/E/G ratio of -30.70 and a beta of 0.87. The company has a debt-to-equity ratio of 629.58, a quick ratio of 1.48 and a current ratio of 1.13.

About Allergy Therapeutics

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Allergy Therapeutics is an international commercial biotechnology company focussed on the treatment and diagnosis of allergic disorders, including aluminium free immunotherapy vaccines that have the potential to cure disease. The Group sells proprietary and third party products from its subsidiaries in nine major European countries and via distribution agreements in an additional ten countries. Its broad pipeline of products in clinical development include vaccines for grass, tree and house dust mite, and peanut allergy vaccine in pre-clinical development.

Further Reading

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