Allergy Therapeutics (LON:AGY) Sets New 52-Week Low – Here’s Why

Allergy Therapeutics plc (LON:AGY – Get Free Report)’s share price reached a new 52-week low on Tuesday. The company traded as low as GBX 1.10 and last traded at GBX 1.60, with a volume of 12,445,216 shares changing hands. The stock had previously closed at GBX 3.50.

Allergy Therapeutics Price Performance

The stock has a market capitalization of £81.63 million, a price-to-earnings ratio of -1.33, a PEG ratio of -30.70 and a beta of 0.83. The business’s fifty day moving average price is GBX 4.61 and its 200-day moving average price is GBX 7.90. The company has a debt-to-equity ratio of 629.58, a current ratio of 1.13 and a quick ratio of 1.48.

About Allergy Therapeutics

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Allergy Therapeutics is an international commercial biotechnology company focussed on the treatment and diagnosis of allergic disorders, including aluminium free immunotherapy vaccines that have the potential to cure disease. The Group sells proprietary and third party products from its subsidiaries in nine major European countries and via distribution agreements in an additional ten countries. Its broad pipeline of products in clinical development include vaccines for grass, tree and house dust mite, and peanut allergy vaccine in pre-clinical development.

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