Shield Therapeutics (LON:STX) Stock Price Up 22.8% – Time to Buy?

Shield Therapeutics plc (LON:STXGet Free Report) shares shot up 22.8% on Wednesday . The stock traded as high as GBX 3.60 ($0.04) and last traded at GBX 3.50 ($0.04). 5,293,617 shares changed hands during mid-day trading, an increase of 126% from the average session volume of 2,340,523 shares. The stock had previously closed at GBX 2.85 ($0.04).

Shield Therapeutics Trading Up 20.1 %

The company has a debt-to-equity ratio of 3,691.50, a quick ratio of 2.16 and a current ratio of 1.05. The business’s 50 day moving average price is GBX 2.70 and its 200-day moving average price is GBX 3.31. The firm has a market cap of £26.77 million, a price-to-earnings ratio of -85.58 and a beta of 1.42.

About Shield Therapeutics

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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.

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