Celadon Pharmaceuticals (LON:CEL) Stock Price Up 16.7% – Time to Buy?

Celadon Pharmaceuticals Plc (LON:CELGet Free Report) shot up 16.7% on Monday . The stock traded as high as GBX 20 ($0.25) and last traded at GBX 17.50 ($0.22). 27,811 shares were traded during trading, a decline of 64% from the average session volume of 77,314 shares. The stock had previously closed at GBX 15 ($0.19).

Celadon Pharmaceuticals Trading Up 14.3 %

The stock has a 50 day simple moving average of GBX 21.48 and a 200-day simple moving average of GBX 40.50. The company has a current ratio of 1.92, a quick ratio of 6.97 and a debt-to-equity ratio of 194.82. The firm has a market cap of £13.77 million, a P/E ratio of -250.00 and a beta of -0.26.

Celadon Pharmaceuticals Company Profile

(Get Free Report)

Celadon Pharmaceuticals Plc is a UK-based pharmaceutical company focused on the development, production and sale of breakthrough cannabis-based medicines. Its primary focus is on improving quality of life for chronic pain sufferers, as well as exploring the potential of cannabis-based medicines for other conditions such as autism.

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