Celadon Pharmaceuticals (LON:CEL) Trading 16.7% Higher – Here’s What Happened

Celadon Pharmaceuticals Plc (LON:CELGet Free Report) shares traded up 16.7% during mid-day trading on Monday . The company traded as high as GBX 20 ($0.25) and last traded at GBX 17.50 ($0.22). 27,811 shares traded hands during trading, a decline of 64% from the average session volume of 77,314 shares. The stock had previously closed at GBX 15 ($0.19).

Celadon Pharmaceuticals Stock Up 16.7 %

The company has a fifty day moving average price of GBX 21.96 and a 200 day moving average price of GBX 41.40. The company has a market cap of £12.05 million, a PE ratio of -218.75 and a beta of -0.26. The company has a debt-to-equity ratio of 194.82, a current ratio of 1.92 and a quick ratio of 6.97.

About Celadon Pharmaceuticals

(Get Free Report)

Celadon Pharmaceuticals Plc is a UK-based pharmaceutical company focused on the development, production and sale of breakthrough cannabis-based medicines. Its primary focus is on improving quality of life for chronic pain sufferers, as well as exploring the potential of cannabis-based medicines for other conditions such as autism.

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