Oncimmune (LON:ONC) Trading Down 8.5% – Here’s What Happened

Oncimmune Holdings plc (LON:ONCGet Free Report) shares dropped 8.5% during trading on Thursday . The stock traded as low as GBX 11.80 ($0.14) and last traded at GBX 11.90 ($0.15). Approximately 1,445,113 shares were traded during mid-day trading, an increase of 550% from the average daily volume of 222,310 shares. The stock had previously closed at GBX 13 ($0.16).

Oncimmune Stock Down 8.5 %

The stock has a market cap of £8.82 million, a price-to-earnings ratio of -396.67 and a beta of 1.19. The business’s 50 day moving average is GBX 14.83 and its 200-day moving average is GBX 14.72. The company has a debt-to-equity ratio of 806.85, a quick ratio of 0.63 and a current ratio of 1.13.

Oncimmune Company Profile

(Get Free Report)

Oncimmune Holdings plc, an immunodiagnostics company, develops solutions for immuno-oncology, autoimmune disease and infectious diseases in the United Kingdom, North America, Europe, and internationally. It offers EarlyCDT-Lung, an immunodiagnostic blood test for detecting and identifying lung cancer; ImmunoINSIGHTS that enables life science organizations to optimize drug development and delivery; SeroTag discovery arrays for discovering and validating biomarkers for stratifying patients in multiple cancer indications, infectious diseases, and with various autoimmune diseases; and NavigAID, a disease-specific characterization panel.

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