Arecor Therapeutics (LON:AREC) Trading Up 0.8%

Arecor Therapeutics plc (LON:ARECGet Rating) shares shot up 0.8% during trading on Thursday . The company traded as high as GBX 360 ($4.37) and last traded at GBX 352.65 ($4.28). 2,909 shares changed hands during mid-day trading, a decline of 27% from the average session volume of 3,961 shares. The stock had previously closed at GBX 350 ($4.25).

The company has a debt-to-equity ratio of 1.25, a quick ratio of 8.77 and a current ratio of 9.05. The stock has a market cap of ¬£102.99 million and a P/E ratio of -13.16. The stock’s fifty day simple moving average is GBX 382.76 and its 200-day simple moving average is GBX 379.17.

Arecor Therapeutics Company Profile (LON:AREC)

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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