Shield Therapeutics (LON:STX) Sets New 52-Week Low – Time to Sell?

Shares of Shield Therapeutics plc (LON:STXGet Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 3.80 and last traded at GBX 3.95, with a volume of 25964117 shares changing hands. The stock had previously closed at GBX 4.40.

Shield Therapeutics Stock Down 10.2%

The stock has a fifty day moving average of GBX 6.10 and a 200 day moving average of GBX 8.03. The company has a debt-to-equity ratio of -199.87, a current ratio of 0.90 and a quick ratio of 2.16. The firm has a market capitalization of £42.25 million, a P/E ratio of -1.98 and a beta of 1.76.

Shield Therapeutics Company Profile

(Get Free Report)

Shield is a commercial-stage specialty pharmaceutical company that delivers Accrufer®/Feraccru® (ferric maltol), an innovative and differentiated pharmaceutical product, to address a significant unmet need for patients suffering from iron deficiency, with or without anemia. The Company has launched Accrufer® in the U.S. with an exclusive, multi-year commercial agreement with Viatris Inc (Viatris). Outside of the U.S., the Company has licensed the rights to four specialty pharmaceutical companies.

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