Polarean Imaging (LON:POLX) Shares Down 1.4% – Here’s Why

Shares of Polarean Imaging plc (LON:POLX) traded down 1.4% during trading on Thursday . The company traded as low as GBX 1.30 ($0.02) and last traded at GBX 1.33 ($0.02). 3,869,421 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 6,621,877 shares. The stock had previously closed at GBX 1.35 ($0.02).

Polarean Imaging Price Performance

The company has a debt-to-equity ratio of 0.93, a quick ratio of 9.80 and a current ratio of 5.90. The stock’s 50 day simple moving average is GBX 1.45 and its 200 day simple moving average is GBX 1.55. The firm has a market capitalization of £16.58 million, a P/E ratio of -66.55 and a beta of 0.38.

About Polarean Imaging

Polarean Imaging plc operates as a drug-device manufacturer and service provider for noble gas polarizer devices in Canada, the United Kingdom, and the United States. The company engages in the research, development, and commercialization of novel imaging solutions with a non-invasive and radiation-free functional imaging platform.