Poolbeg Pharma (LON:POLB) Reaches New 12-Month High – Here’s Why

Poolbeg Pharma PLC (LON:POLBGet Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 5.80 and last traded at GBX 5.55, with a volume of 5824547 shares changing hands. The stock had previously closed at GBX 5.04.

Analyst Ratings Changes

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Poolbeg Pharma in a research note on Tuesday.

Read Our Latest Report on Poolbeg Pharma

Poolbeg Pharma Price Performance

The firm has a market capitalization of £39.13 million, a price-to-earnings ratio of -5.90 and a beta of 1.78. The stock has a fifty day moving average of GBX 4.44 and a two-hundred day moving average of GBX 4.28.

Poolbeg Pharma (LON:POLBGet Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported GBX (0.94) earnings per share for the quarter. On average, research analysts forecast that Poolbeg Pharma PLC will post -0.68 EPS for the current year.

About Poolbeg Pharma

(Get Free Report)

Poolbeg Pharma plc (AIM: POLB) is a clinical-stage biopharmaceutical company with a core focus on transforming the cancer immunotherapy field. The Company’s lead asset, POLB 001, has the potential to expand administration of cancer immunotherapies from centralised specialist cancer centres into community hospitals by making the treatments safer through the prevention of the life-threatening side effect, Cytokine Release Syndrome (CRS). As such, POLB 001 could increase the number of patients that can receive these life-saving treatments, thereby increasing the market opportunity.

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