Poolbeg Pharma (LON:POLB) Reaches New 52-Week High – Should You Buy?

Poolbeg Pharma PLC (LON:POLBGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 9.30 and last traded at GBX 9.04, with a volume of 1485805 shares changing hands. The stock had previously closed at GBX 9.

Analyst Ratings Changes

Separately, Shore Capital Group reissued a “house stock” rating on shares of Poolbeg Pharma in a research report on Monday, July 13th.

Read Our Latest Analysis on Poolbeg Pharma

Poolbeg Pharma Price Performance

The stock has a market capitalization of £69.01 million, a P/E ratio of -9.62 and a beta of 1.83. The company’s 50 day simple moving average is GBX 7.88 and its two-hundred day simple moving average is GBX 6.32.

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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