Arecor Therapeutics (LON:AREC) Stock Price Up 2.6% – Here’s Why

Arecor Therapeutics plc (LON:ARECGet Free Report)’s stock price traded up 2.6% on Friday . The stock traded as high as GBX 78 ($0.98) and last traded at GBX 78 ($0.98). 42 shares were traded during trading, a decline of 100% from the average session volume of 14,401 shares. The stock had previously closed at GBX 76 ($0.96).

Arecor Therapeutics Trading Up 2.6 %

The stock’s 50-day simple moving average is GBX 72.25 and its two-hundred day simple moving average is GBX 100.01. The firm has a market capitalization of £29.45 million, a P/E ratio of -278.57 and a beta of -0.18. The company has a debt-to-equity ratio of 5.51, a current ratio of 1.37 and a quick ratio of 6.24.

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.

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