Celadon Pharmaceuticals (LON:CEL) Hits New 12-Month Low – Here’s What Happened

Celadon Pharmaceuticals Plc (LON:CELGet Free Report)’s share price hit a new 52-week low on Tuesday . The company traded as low as GBX 2.21 ($0.03) and last traded at GBX 3 ($0.04), with a volume of 579069 shares trading hands. The stock had previously closed at GBX 6.12 ($0.08).

Celadon Pharmaceuticals Price Performance

The stock’s 50 day moving average is GBX 16.90 and its two-hundred day moving average is GBX 21.21. The company has a debt-to-equity ratio of 196.67, a quick ratio of 6.97 and a current ratio of 1.92. The stock has a market capitalization of £1.84 million, a PE ratio of -0.38 and a beta of -0.26.

About Celadon Pharmaceuticals

(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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