Avacta Group (LON:AVCT - Get Free Report) posted its quarterly earnings data 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
Shares of AVCT stock traded down GBX 1.84 ($0.02) during midday trading on Friday, reaching GBX 32.41 ($0.44). 3,098,215 shares of the company were exchanged, compared to its average volume of 1,772,978. The company's 50 day moving average price is GBX 34.33 and its two-hundred day moving average price is GBX 41.54. The company has a market cap of £123.14 million, a P/E ratio of -4.17 and a beta of 1.12. Avacta Group has a 12 month low of GBX 26 ($0.35) and a 12 month high of GBX 86.40 ($1.17). The company has a debt-to-equity ratio of 52.53, a quick ratio of 4.96 and a current ratio of 1.29.
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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