Arecor Therapeutics (LON:AREC) Trading Up 0.4% – Time to Buy?

Arecor Therapeutics plc (LON:ARECGet Free Report) was up 0.4% on Thursday . The company traded as high as GBX 74.30 ($0.96) and last traded at GBX 74.30 ($0.96). Approximately 3,000 shares changed hands during trading, a decline of 79% from the average daily volume of 14,507 shares. The stock had previously closed at GBX 74 ($0.96).

Arecor Therapeutics Stock Up 3.4 %

The firm has a 50 day moving average of GBX 75.33 and a 200 day moving average of GBX 106.42. The firm has a market cap of £29.08 million, a price-to-earnings ratio of -275.00 and a beta of -0.18. The company has a quick ratio of 6.24, a current ratio of 1.37 and a debt-to-equity ratio of 5.51.

About Arecor Therapeutics

(Get Free Report)

Arecor Therapeutics plc, a biopharmaceutical company, focuses on developing products in diabetes and other indications. The company through its proprietary formulation technology platform, Arestat, developing a portfolio of proprietary products in diabetes and other indications, as well as working with pharmaceutical and biotechnology companies to deliver enhanced reformulations of therapeutic products.

Recommended Stories

Receive News & Ratings for Arecor Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arecor Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.