Amryt Pharma (LON:AMYT) Shares Down 11.7% – Here’s What Happened

Shares of Amryt Pharma plc (LON:AMYTGet Free Report) fell 11.7% during mid-day trading on Thursday . The company traded as low as GBX 143 ($1.79) and last traded at GBX 143 ($1.79). 90,726 shares were traded during mid-day trading, a decline of 81% from the average session volume of 469,552 shares. The stock had previously closed at GBX 162 ($2.03).

Amryt Pharma Price Performance

The business’s fifty day simple moving average is GBX 143 and its 200 day simple moving average is GBX 143. The company has a current ratio of 1.80, a quick ratio of 1.14 and a debt-to-equity ratio of 66.05. The stock has a market cap of £457.11 million and a price-to-earnings ratio of -4.33.

Amryt Pharma Company Profile

(Get Free Report)

Amryt Pharma plc, a commercial-stage biopharmaceutical company, develops and commercializes novel therapeutics to treat patients suffering from serious and life-threatening rare diseases. The company offers Lomitapide for the treatment of homozygous familial hypercholesterolemia; and Metreleptin for the treatment of generalized and partial lipodystrophy.

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