Polarean Imaging (LON:POLX) Shares Down 6.1% – What’s Next?

Polarean Imaging plc (LON:POLX) traded down 6.1% during trading on Friday . The stock traded as low as GBX 1.53 ($0.02) and last traded at GBX 1.55 ($0.02). 2,528,985 shares changed hands during trading, a decline of 64% from the average session volume of 7,111,330 shares. The stock had previously closed at GBX 1.65 ($0.02).

Polarean Imaging Price Performance

The business has a fifty day moving average of GBX 1.49 and a two-hundred day moving average of GBX 1.89. 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 firm has a market capitalization of £18.76 million, a price-to-earnings ratio of -77.50 and a beta of 0.38.

Polarean Imaging Company Profile

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.