Allergy Therapeutics (LON:AGY) Hits New 52-Week High – Still a Buy?

Allergy Therapeutics plc (LON:AGYGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 6.50 ($0.08) and last traded at GBX 6.40 ($0.08), with a volume of 91787 shares trading hands. The stock had previously closed at GBX 6.40 ($0.08).

Allergy Therapeutics Trading Down 3.1 %

The business’s 50 day simple moving average is GBX 5.30 and its 200 day simple moving average is GBX 4.98. The company has a debt-to-equity ratio of 37.22, a current ratio of 1.40 and a quick ratio of 1.48. The stock has a market cap of £295.74 million, a P/E ratio of -103.33, a PEG ratio of -30.70 and a beta of 1.40.

About Allergy Therapeutics

(Get Free Report)

Allergy Therapeutics is an international commercial biotechnology company focussed on the treatment and diagnosis of allergic disorders, including aluminium free immunotherapy vaccines that have the potential to cure disease. The Group sells proprietary and third party products from its subsidiaries in nine major European countries and via distribution agreements in an additional ten countries.

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