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

Allergy Therapeutics logo with Medical background

Key Points

  • Allergy Therapeutics plc shares reached a new 52-week high of GBX 8.75, trading at GBX 8.70 with a volume of 195,123 shares.
  • The company has a market capitalization of £427.61 million and financial ratios indicating a high debt-to-equity ratio of 835.48.
  • Allergy Therapeutics focuses on the treatment and diagnosis of allergic disorders, offering aluminium-free immunotherapy vaccines in various European markets.
  • Interested in Allergy Therapeutics? Here are five stocks we like better.

Allergy Therapeutics plc (LON:AGY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 8.75 ($0.12) and last traded at GBX 8.70 ($0.12), with a volume of 195123 shares. The stock had previously closed at GBX 8.40 ($0.11).

Allergy Therapeutics Stock Performance

The firm's fifty day moving average is GBX 7.98 and its 200 day moving average is GBX 7.07. The company has a debt-to-equity ratio of 835.48, a current ratio of 1.63 and a quick ratio of 1.48. The firm has a market capitalization of £427.61 million, a price-to-earnings ratio of -8.38, a PEG ratio of -30.70 and a beta of 1.40.

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.

Further Reading

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