Celadon Pharmaceuticals (LON:CEL) Reaches New 1-Year Low – Here’s Why

Shares of Celadon Pharmaceuticals Plc (LON:CELGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as GBX 12 ($0.15) and last traded at GBX 12.68 ($0.16), with a volume of 8805 shares changing hands. The stock had previously closed at GBX 12.66 ($0.16).

Celadon Pharmaceuticals Trading Up 0.2 %

The stock’s fifty day moving average price is GBX 26.49 and its 200 day moving average price is GBX 49.49. The stock has a market cap of £8.73 million, a P/E ratio of -156.25 and a beta of -0.26. The company has a current ratio of 1.92, a quick ratio of 6.97 and a debt-to-equity ratio of 194.82.

About Celadon Pharmaceuticals

(Get Free Report)

Celadon Pharmaceuticals Plc engages in the research, cultivation, manufacturing, and sale of cannabis-based medicines. The company primarily focuses on growing indoor hydroponic cannabis for use in medicinal products used to treat chronic pain, as well as autism spectrum disorders. Celadon Pharmaceuticals Plc was founded in 2018 and is headquartered in London, the United Kingdom.

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