Celadon Pharmaceuticals Plc (LON:CEL – Get Free Report)’s stock price rose 16% during mid-day trading on Wednesday . The company traded as high as GBX 29 ($0.39) and last traded at GBX 29 ($0.39). Approximately 361,882 shares changed hands during mid-day trading, an increase of 349% from the average daily volume of 80,634 shares. The stock had previously closed at GBX 25 ($0.33).
Celadon Pharmaceuticals Trading Up 8.0 %
The business has a 50 day simple moving average of GBX 40.97 and a 200-day simple moving average of GBX 71.41. The stock has a market capitalization of £18.59 million, a price-to-earnings ratio of -200.00 and a beta of -0.25. The company has a current ratio of 2.62, a quick ratio of 6.97 and a debt-to-equity ratio of 148.29.
About Celadon Pharmaceuticals
Celadon Pharmaceuticals Plc engages in the research, cultivation, manufacturing, and sale of cannabis-based medicines. The company primarily focuses on growing indoor hydroponic cannabis for use in medicinal products used to treat chronic pain, as well as autism spectrum disorders. Celadon Pharmaceuticals Plc was founded in 2018 and is headquartered in London, the United Kingdom.
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