Polarean Imaging (LON:POLX) Shares Down 1.4% – Here’s Why

Polarean Imaging plc (LON:POLX)’s stock price dropped 1.4% on Thursday . The stock traded as low as GBX 1.30 ($0.02) and last traded at GBX 1.33 ($0.02). Approximately 3,869,421 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 6,621,877 shares. The stock had previously closed at GBX 1.35 ($0.02).

Polarean Imaging Trading Up 1.5 %

The company’s 50 day moving average price is GBX 1.45 and its two-hundred day moving average price is GBX 1.55. The company has a debt-to-equity ratio of 0.93, a current ratio of 5.90 and a quick ratio of 9.80. The stock has a market capitalization of £16.58 million, a PE ratio of -66.55 and a beta of 0.38.

Polarean Imaging Company Profile

Polarean Imaging plc operates as a drug-device manufacturer and service provider for noble gas polarizer devices in Canada, the United Kingdom, and the United States. The company engages in the research, development, and commercialization of novel imaging solutions with a non-invasive and radiation-free functional imaging platform.