Celadon Pharmaceuticals (LON:CEL) Trading Down 27.6% – Time to Sell?

Shares of Celadon Pharmaceuticals Plc (LON:CELGet Free Report) traded down 27.6% on Tuesday . The stock traded as low as GBX 5 ($0.06) and last traded at GBX 10.87 ($0.14). 788,720 shares changed hands during trading, an increase of 216% from the average session volume of 249,443 shares. The stock had previously closed at GBX 15 ($0.19).

Celadon Pharmaceuticals Stock Down 12.9 %

The company has a 50-day moving average of GBX 17.98 and a 200-day moving average of GBX 22.18. The company has a current ratio of 1.92, a quick ratio of 6.97 and a debt-to-equity ratio of 196.67. The company has a market capitalization of £5.07 million, a price-to-earnings ratio of -1.04 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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