Argent BioPharma (LON:MXC) Trading Up 4.8% – Should You Buy?

Argent BioPharma Limited (LON:MXCGet Free Report) shares rose 4.8% on Friday . The stock traded as high as GBX 22 ($0.28) and last traded at GBX 22 ($0.28). Approximately 264 shares were traded during trading, a decline of 99% from the average daily volume of 26,353 shares. The stock had previously closed at GBX 21 ($0.27).

Argent BioPharma Stock Performance

The stock has a fifty day moving average of GBX 22 and a 200-day moving average of GBX 21.75. The firm has a market capitalization of £9.65 million, a price-to-earnings ratio of -13.25 and a beta of 1.03.

Argent BioPharma Company Profile

(Get Free Report)

MGC Pharmaceuticals Limited provides phytomedicines worldwide. The company produces and supplies medicinal cannabis products; and non-cannabis phytomedicines. Its principal product candidates include CimetrA, which is in phase III clinical trial for the symptomatic treatment of early COVID-19; CannEpil, a phase IIb cannabis-based therapy for drug-resistant Epilepsy; and CogniCann that is in phase II clinical trial for the symptomatic relief of Dementia.

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