Proteome Sciences (LON:PRM) Shares Down 18.5% – Should You Sell?

Proteome Sciences plc (LON:PRM)’s stock price dropped 18.5% on Thursday . The stock traded as low as GBX 2.89 ($0.04) and last traded at GBX 2.89 ($0.04). Approximately 1,014,536 shares traded hands during trading, an increase of 367% from the average daily volume of 217,283 shares. The stock had previously closed at GBX 3.55 ($0.05).

Proteome Sciences Trading Down 18.5 %

The business has a 50-day moving average price of GBX 4.06 and a 200-day moving average price of GBX 3.46. The company has a quick ratio of 0.37, a current ratio of 0.20 and a debt-to-equity ratio of -258.66. The firm has a market capitalization of £8.54 million, a P/E ratio of -2.09 and a beta of 0.07.

Proteome Sciences (LON:PRM) last posted its quarterly earnings results on Thursday, April 10th. The company reported GBX (1.15) (($0.01)) earnings per share for the quarter. Proteome Sciences had a negative return on equity of 0.01% and a negative net margin of 0.04%.

About Proteome Sciences

Proteome Sciences plc provides contract research services for the identification, validation, and application of protein biomarkers in the United States, the United Kingdom, European Union, and internationally. The company offers TMT LC-MS2, a standard method for analyzing cells and tissues when no phosphopeptide enrichment is required; TMT LC-MS3, a standard method for biomarker discovery in plasma and other samples where quantitative accuracy is a factor; SysQuant, provides an analysis of protein activity across regulatory and signaling pathways; and TMTcalibrator, analyzes where diseased or treated tissue can be analyzed in parallel with peripheral fluids.