Circassia Group (LON:CIR) Stock Price Down 6.8% – Here’s What Happened

Circassia Group Plc (LON:CIR) shares dropped 6.8% during trading on Thursday . The stock traded as low as GBX 33.75 ($0.42) and last traded at GBX 34 ($0.42). Approximately 4,513 shares changed hands during trading, a decline of 99% from the average daily volume of 773,465 shares. The stock had previously closed at GBX 36.50 ($0.46).

Circassia Group Stock Down 6.8 %

The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.50 and a current ratio of 1.83. The company has a fifty day simple moving average of GBX 34 and a two-hundred day simple moving average of GBX 34. The firm has a market capitalization of £142.66 million and a PE ratio of 3,400.00.

Circassia Group Company Profile

Circassia Group Plc, a medical device company, focuses on the respiratory diagnostics and monitoring products in the United States, the United Kingdom, rest of Europe, the Asia Pacific, and internationally. It offers NIOX and NIOX VERO, a fractional exhaled nitric oxide measurement and monitoring products for use in asthma diagnosis and management.