Avacta Group (LON:AVCT - Get Free Report) issued its earnings results on Friday. The biotechnology company reported GBX (8.54) (($0.12)) earnings per share for the quarter, Digital Look Earnings reports. Avacta Group had a negative return on equity of 74.00% and a negative net margin of 114.45%.
Avacta Group Price Performance
Avacta Group stock traded up GBX 0.89 ($0.01) during mid-day trading on Monday, hitting GBX 33.30 ($0.45). The stock had a trading volume of 1,253,364 shares, compared to its average volume of 1,768,211. The firm's 50 day moving average is GBX 34.31 and its 200 day moving average is GBX 41.39. The company has a current ratio of 1.29, a quick ratio of 4.96 and a debt-to-equity ratio of 52.53. Avacta Group has a one year low of GBX 26 ($0.35) and a one year high of GBX 86.40 ($1.17). The firm has a market capitalization of £126.51 million, a P/E ratio of -4.29 and a beta of 1.12.
Avacta Group Company Profile
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Avacta Therapeutics is a clinical stage biopharmaceutical company challenging current drug delivery methods to expand the utility of highly potent cancer therapeutics.
The Company benefits from a world class research and development facility, team of exceptionally talented scientists and a highly experienced management team with members located in both the London headquarters and the US.
Our proprietary pre|CISION® platform masks toxic warheads by binding them to a short, engineered peptide that is cleavable only by the tumor-specific protease, fibroblast activation protein (FAP).
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