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Allergy Therapeutics (LON:AGY) Reaches New 52-Week High - Still a Buy?

Allergy Therapeutics logo with Medical background

Key Points

  • Allergy Therapeutics shares reached a new 52-week high, trading at GBX 8.50 ($0.11) during mid-day trading, surpassing the previous close of GBX 8.10.
  • The company has a market capitalization of £417.78 million with a notably high debt-to-equity ratio of 835.48.
  • Allergy Therapeutics specializes in the treatment of allergic disorders and offers aluminium-free immunotherapy vaccines across several European markets.
  • Want stock alerts on Allergy Therapeutics? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Allergy Therapeutics plc (LON:AGY - Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 8.50 ($0.11) and last traded at GBX 8.50 ($0.11), with a volume of 57317 shares changing hands. The stock had previously closed at GBX 8.10 ($0.11).

Allergy Therapeutics Stock Performance

The stock's 50 day moving average is GBX 7.67 and its two-hundred day moving average is GBX 6.94. The stock has a market capitalization of £430.07 million, a price-to-earnings ratio of -8.43, a price-to-earnings-growth ratio of -30.70 and a beta of 1.40. The company has a current ratio of 1.63, a quick ratio of 1.48 and a debt-to-equity ratio of 835.48.

Allergy Therapeutics Company Profile

(Get Free Report)

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.

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