Arecor Therapeutics plc (LON:AREC – Get Free Report) shares rose 2.6% during mid-day trading on Friday . The stock traded as high as GBX 78 ($0.98) and last traded at GBX 78 ($0.98). Approximately 42 shares were traded during trading, a decline of 100% from the average daily volume of 14,401 shares. The stock had previously closed at GBX 76 ($0.96).
Arecor Therapeutics Stock Up 2.6 %
The stock has a market capitalization of £29.45 million, a PE ratio of -278.57 and a beta of -0.18. The company has a current ratio of 1.37, a quick ratio of 6.24 and a debt-to-equity ratio of 5.51. The company’s 50-day moving average is GBX 72.25 and its 200 day moving average is GBX 100.26.
About Arecor Therapeutics
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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