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Allergy Therapeutics (LON:AGY) Share Price Passes Above 50 Day Moving Average - Here's Why

Allergy Therapeutics logo with Medical background

Allergy Therapeutics plc (LON:AGY - Get Free Report)'s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 7.20 ($0.10) and traded as high as GBX 8.10 ($0.11). Allergy Therapeutics shares last traded at GBX 8.10 ($0.11), with a volume of 260,751 shares changing hands.

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 stock has a market capitalization of £405.49 million, a price-to-earnings ratio of -7.95, a PEG ratio of -30.70 and a beta of 1.40. The business has a 50 day simple moving average of GBX 7.27 and a 200-day simple moving average of GBX 6.80.

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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