Poolbeg Pharma (LON:POLB) Shares Down 19% – Here’s What Happened

Poolbeg Pharma PLC (LON:POLBGet Free Report)’s stock price traded down 19% during mid-day trading on Friday . The stock traded as low as GBX 3.70 ($0.05) and last traded at GBX 3.89 ($0.05). 3,471,574 shares were traded during trading, an increase of 0% from the average session volume of 3,471,285 shares. The stock had previously closed at GBX 4.80 ($0.06).

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Poolbeg Pharma in a research report on Thursday, January 2nd.

View Our Latest Stock Report on POLB

Poolbeg Pharma Stock Down 17.7 %

The stock has a market cap of £20.30 million, a PE ratio of 0.00 and a beta of 2.11. The firm has a 50-day simple moving average of GBX 5.48 and a 200-day simple moving average of GBX 8.03.

About Poolbeg Pharma

(Get Free Report)

Poolbeg Pharma plc is focussed on the development and commercialisation of innovative medicines targeting serious diseases with a high unmet medical need. Its model focusses upon developing its exciting clinical assets and commercialising approved and marketed drugs to support the growth of the Company and the development of its robust pipeline of innovative products, thereby driving significant value creation.

Poolbeg is led by an experienced leadership team with a history of delivering significant shareholder value.

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