Poolbeg Pharma (LON:POLB) Reaches New 52-Week Low – Here’s What Happened

Poolbeg Pharma PLC (LON:POLBGet Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 4.11 ($0.05) and last traded at GBX 4.27 ($0.05), with a volume of 28485160 shares traded. The stock had previously closed at GBX 7.10 ($0.09).

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of Poolbeg Pharma in a report on Thursday.

Read Our Latest Stock Analysis on POLB

Poolbeg Pharma Stock Down 1.6 %

The business’s 50 day moving average price is GBX 7.51 and its 200-day moving average price is GBX 9.98. The company has a market cap of £21 million, a PE ratio of -420.00 and a beta of 2.11.

Poolbeg Pharma Company Profile

(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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