Open Orphan (LON:ORPH) Trading 5.3% Higher – Here’s Why

Shares of Open Orphan Plc (LON:ORPHGet Free Report) were up 5.3% during mid-day trading on Tuesday . The company traded as high as GBX 10.38 ($0.13) and last traded at GBX 10 ($0.13). Approximately 652,639 shares changed hands during trading, a decline of 58% from the average daily volume of 1,559,247 shares. The stock had previously closed at GBX 9.50 ($0.12).

Open Orphan Stock Performance

The company has a market capitalization of £67.09 million and a price-to-earnings ratio of -25.30. The firm has a fifty day simple moving average of GBX 10 and a 200 day simple moving average of GBX 10. The company has a debt-to-equity ratio of 10.88, a current ratio of 1.19 and a quick ratio of 1.16.

About Open Orphan

(Get Free Report)

Open Orphan Plc operates as a pharmaceutical service and contract research company. The company is involved in testing vaccines and antivirals using human challenge clinical trials. It provides services to big pharma, biotech, government, and public health organizations. The company has a portfolio of human challenge study models for conditions, such as RSV, flu, human rhinovirus, asthma, malaria, cough, and COPD, as well as developing COVID-19 human challenge study model.

Further Reading

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