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Allergy Therapeutics (LON:AGY) Reaches New 12-Month High - Time to Buy?

Allergy Therapeutics logo with Medical background

Key Points

  • Allergy Therapeutics shares reached a new 52-week high of GBX 9 ($0.12) on Tuesday, trading with a volume of 127,774 shares.
  • The company has a market cap of £405.15 million but shows a significantly negative P/E ratio of -1,180.56.
  • Allergy Therapeutics focuses on allergic disorders and offers aluminium-free immunotherapy vaccines, enhancing its position in the biotech market.
  • Five stocks we like better than Allergy Therapeutics.

Allergy Therapeutics plc (LON:AGY - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as GBX 9 ($0.12) and last traded at GBX 8.50 ($0.11), with a volume of 127774 shares changing hands. The stock had previously closed at GBX 8.50 ($0.11).

Allergy Therapeutics Stock Performance

The firm has a market cap of £357.48 million, a PE ratio of -1,041.67, a P/E/G ratio of -30.70 and a beta of 1.40. The company has a quick ratio of 1.48, a current ratio of 1.63 and a debt-to-equity ratio of 835.48. The firm has a 50-day moving average price of GBX 8.22 and a two-hundred day moving average price of GBX 7.20.

About Allergy Therapeutics

(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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