e-therapeutics (LON:ETX) Stock Passes Below 200 Day Moving Average – Time to Sell?

e-therapeutics plc (LON:ETXGet Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 9.48 ($0.12) and traded as low as GBX 9 ($0.11). e-therapeutics shares last traded at GBX 9 ($0.11), with a volume of 2,518,125 shares trading hands.

e-therapeutics Price Performance

The firm has a market capitalization of £52.59 million, a P/E ratio of -450.00 and a beta of 0.46. The business has a 50-day moving average of GBX 9 and a 200 day moving average of GBX 9.45. The company has a current ratio of 22.20, a quick ratio of 20.13 and a debt-to-equity ratio of 0.33.

About e-therapeutics

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e-therapeutics plc engages in drug discovery research activities in the United Kingdom. It offers HepNet, a proprietary, hepatocyte-specific, and computational biology platform that addresses key limitations of the biopharmaceutical industry, including extracting value from big data, addressing complex diseases, and improving translatability in research and development; and GalOmic, a RNA interference (RNAi) chemistry platform, which enables the generation of GalNAc-conjugated short interfering RNA drug candidates for hepatocyte-specific gene silencing through RNAi of any target gene identified by HepNet.

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