Proteome Sciences (LON:PRM) Shares Down 39.4% – Here’s Why

Proteome Sciences plc (LON:PRM)’s share price dropped 39.4% during trading on Friday . The company traded as low as GBX 1.65 ($0.02) and last traded at GBX 1.91 ($0.03). Approximately 6,034,522 shares changed hands during trading, an increase of 2,495% from the average daily volume of 232,543 shares. The stock had previously closed at GBX 3.16 ($0.04).

Proteome Sciences Stock Down 14.0%

The stock has a 50-day moving average of GBX 3.02 and a 200 day moving average of GBX 3.19. The company has a market cap of £4.46 million, a P/E ratio of -131.30 and a beta of 0.07. The company has a debt-to-equity ratio of -258.66, a current ratio of 0.20 and a quick ratio of 0.37.

Proteome Sciences (LON:PRM) last issued its quarterly earnings data on Thursday, September 25th. The company reported GBX (0.73) earnings per share (EPS) for the quarter. Proteome Sciences had a negative return on equity of 0.01% and a negative net margin of 0.04%.

Proteome Sciences Company Profile

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.