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Allergy Therapeutics (LON:AGY) Share Price Crosses Above Fifty Day Moving Average - Here's What Happened

Allergy Therapeutics logo with Medical background

Key Points

  • Allergy Therapeutics shares have crossed above their 50-day moving average of GBX 8.29, reaching a recent high of GBX 8.45 during trading.
  • The company has a high debt-to-equity ratio of 835.48, a market capitalization of £381.32 million, and a negative PE ratio of -1,111.11.
  • Allergy Therapeutics specializes in the treatment and diagnosis of allergic disorders, selling proprietary and third party products across multiple European countries.
  • Five stocks to consider instead of Allergy Therapeutics.

Allergy Therapeutics plc (LON:AGY - Get Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 8.29 ($0.11) and traded as high as GBX 8.45 ($0.11). Allergy Therapeutics shares last traded at GBX 8 ($0.11), with a volume of 665,596 shares.

Allergy Therapeutics Stock Performance

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 £381.32 million, a PE ratio of -1,111.11, a price-to-earnings-growth ratio of -30.70 and a beta of 1.40. The business's 50-day moving average price is GBX 8.29 and its 200-day moving average price is GBX 7.44.

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.

See Also

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