Celadon Pharmaceuticals (LON:CEL) Trading 16.7% Higher – What’s Next?

Celadon Pharmaceuticals Plc (LON:CELGet Free Report) shares rose 16.7% on Monday . The company traded as high as GBX 20 ($0.25) and last traded at GBX 17.50 ($0.22). Approximately 27,811 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 77,314 shares. The stock had previously closed at GBX 15 ($0.19).

Celadon Pharmaceuticals Trading Up 14.3 %

The stock has a market capitalization of £13.77 million, a PE ratio of -250.00 and a beta of -0.26. The stock’s 50 day moving average price is GBX 21.48 and its 200-day moving average price is GBX 40.50. The company has a quick ratio of 6.97, a current ratio of 1.92 and a debt-to-equity ratio of 194.82.

Celadon Pharmaceuticals Company Profile

(Get Free Report)

Celadon Pharmaceuticals Plc is a UK-based pharmaceutical company focused on the development, production and sale of breakthrough cannabis-based medicines. Its primary focus is on improving quality of life for chronic pain sufferers, as well as exploring the potential of cannabis-based medicines for other conditions such as autism.

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