Proteome Sciences (LON:PRM) Trading 22.4% Higher – Here’s Why

Proteome Sciences plc (LON:PRM) shares were up 22.4% during mid-day trading on Wednesday . The stock traded as high as GBX 3 and last traded at GBX 2.76. Approximately 472,430 shares were traded during trading, an increase of 99% from the average daily volume of 237,921 shares. The stock had previously closed at GBX 2.26.

Proteome Sciences Stock Performance

The business’s fifty day moving average price is GBX 2.01 and its 200-day moving average price is GBX 2.55. The stock has a market cap of £7.38 million, a PE ratio of -2.21 and a beta of 0.07. The company has a debt-to-equity ratio of -258.66, a quick ratio of 0.37 and a current ratio of 0.20.

About Proteome Sciences

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.