Shield Therapeutics plc (LON:STX – Get Free Report)’s share price dropped 15.1% during trading on Tuesday . The company traded as low as GBX 4.83 and last traded at GBX 5.16. Approximately 6,491,320 shares were traded during mid-day trading, an increase of 171% from the average session volume of 2,396,552 shares. The stock had previously closed at GBX 6.08.
Shield Therapeutics Stock Performance
The company has a quick ratio of 2.16, a current ratio of 0.75 and a debt-to-equity ratio of -146.28. The firm has a market capitalization of £55.21 million, a P/E ratio of -5.16 and a beta of 1.77. The stock has a fifty day moving average of GBX 5.33 and a 200-day moving average of GBX 6.91.
About Shield Therapeutics
Shield is a commercial-stage specialty pharmaceutical company that delivers Accrufer®/Feraccru® (ferric maltol), an innovative and differentiated pharmaceutical product, to address a significant unmet need for patients suffering from iron deficiency, with or without anemia. The Company has launched Accrufer® in the U.S. with an exclusive, multi-year commercial agreement with Viatris Inc (Viatris). Outside of the U.S., the Company has licensed the rights to four specialty pharmaceutical companies.
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