Polarean Imaging (LON:POLX) Stock Price Down 23.3% – Here’s What Happened

Shares of Polarean Imaging plc (LON:POLXGet Free Report) traded down 23.3% during mid-day trading on Thursday . The company traded as low as GBX 0.38 ($0.01) and last traded at GBX 0.44 ($0.01). 28,885,580 shares were traded during mid-day trading, an increase of 913% from the average session volume of 2,851,665 shares. The stock had previously closed at GBX 0.58 ($0.01).

Polarean Imaging Trading Down 21.7%

The company has a debt-to-equity ratio of 2.61, a current ratio of 4.12 and a quick ratio of 9.80. The firm’s 50 day moving average price is GBX 0.91 and its 200 day moving average price is GBX 1.09. The stock has a market capitalization of £5.43 million, a P/E ratio of -40.91 and a beta of 0.38.

Polarean Imaging Company Profile

(Get Free Report)

Polarean is a revenue-generating medical imaging technology company revolutionizing pulmonary medicine through direct visualization of lung function by introducing the power and safety of MRI to the respiratory healthcare community. This community is in desperate need of modern solutions to accurately assess lung function.

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