(VIANEWS) – Shares of POXEL (CAC 40: POXEL.PA) slid by a staggering 20.87% in 10 sessions from €0.87 to €0.69 at 19:07 EST on Thursday, following the last session’s upward trend. CAC 40 is rising 0.69% to €7,284.22, after four consecutive sessions in a row of losses.
POXEL’s last close was €0.69, 78.95% under 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 €-1.16.
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%.
More news about POXEL (POXEL.PA).
