Shield Therapeutics (LON:STX) Shares Down 11.5% – Here’s What Happened

Shield Therapeutics plc (LON:STXGet Free Report)’s share price was down 11.5% during trading on Tuesday . The company traded as low as GBX 5.19 and last traded at GBX 5.40. Approximately 11,462,072 shares traded hands during trading, an increase of 382% from the average session volume of 2,379,675 shares. The stock had previously closed at GBX 6.10.

Shield Therapeutics Price Performance

The stock’s 50 day moving average is GBX 5.38 and its two-hundred day moving average is GBX 7.08. The stock has a market capitalization of £57.75 million, a PE ratio of -2.70 and a beta of 1.72. The company has a debt-to-equity ratio of -146.28, a current ratio of 0.75 and a quick ratio of 2.16.

Shield Therapeutics Company Profile

(Get Free Report)

Shield is a commercial-stage specialty pharmaceutical company that delivers Accrufer®/Feraccru® (ferric maltol), an innovative and differentiated pharmaceutical product, to address a significant unmet need for patients suffering from iron deficiency, with or without anemia. The Company has launched Accrufer® in the U.S. with an exclusive, multi-year commercial agreement with Viatris Inc (Viatris). Outside of the U.S., the Company has licensed the rights to four specialty pharmaceutical companies.

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