(vianews) - shares of poxel (cac 40: poxel.pa) dropped by a staggering 15.89% in 5 sessions from €0.86 to €0.72 at 04:07 est on thursday, after two consecutive sessions in a row of losses. cac 40 is dropping 3.58% to €6,885.71, following the last session's downward trend.
poxel's last close was €0.75, 77.27% below its 52-week high of €3.28.
about poxel
poxel s.a., a clinical-stage biopharmaceutical company, develops novel treatments for metabolic diseases, type 2 diabetes, and liver diseases. the company's lead product is twymeeg (imeglimin), an oral drug candidate that targets mitochondrial dysfunction and approved for the treatment of type 2 diabetes in japan. it also develops pxl770, an adenosine monophosphate-activated protein kinase enzyme, which is in a phase 2a clinical trial that treats chronic metabolic diseases, including diseases that affect the liver, such as non-alcoholic steatohepatitis (nash). poxel s.a. has a licensing agreement with enyo pharma s.a.s. for the development of farnesoid x receptor that is in phase 2a study for the treatment of hepatitis b and nash; and deuterx llc for the development of pxl065, a mitochondrial pyruvate carrier inhibitor, which is in a phase i clinical trial for the treatment of nash. the company was incorporated in 2009 and is headquartered in lyon, france.
earnings per share
as for profitability, poxel has a trailing twelve months eps of €-0.86.
the company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is negative -323.36%.stock price classification
according to the stochastic oscillator, a useful indicator of overbought and oversold conditions, poxel's stock is considered to be overbought (>=80).
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