Abingdon Health (LON:ABDX) Shares Up 4.8% – Still a Buy?

Shares of Abingdon Health Plc (LON:ABDXGet Free Report) shot up 4.8% during trading on Thursday . The stock traded as high as GBX 11 and last traded at GBX 11. 81,049 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 238,041 shares. The stock had previously closed at GBX 10.50.

Abingdon Health Price Performance

The company has a quick ratio of 1.96, a current ratio of 1.91 and a debt-to-equity ratio of 15.05. The business’s 50-day moving average is GBX 10.45 and its two-hundred day moving average is GBX 10.13. The company has a market capitalization of £27.80 million, a P/E ratio of -13.58 and a beta of 0.13.

Abingdon Health Company Profile

(Get Free Report)

Abingdon Health is a world leading contract developer and manufacturer (CDMO) of high-quality rapid tests across all industry sectors, including healthcare, infectious disease, animal health, environmental and self-testing. Abingdon is the partner of choice for a growing global customer base and takes projects from initial concept through to routine and large-scale manufacturing and regulatory approval. The Company also markets its own range of self-tests under the Abingdon Simply Test brand (www.abingdonsimplytest.com) and has developed and marketed its own labelled tests.

Further Reading

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