Aptamer Group (LON:APTA) Trading Down 8.8% – Here’s Why

Aptamer Group plc (LON:APTAGet Free Report) fell 8.8% during trading on Tuesday . The company traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.84 ($0.01). 9,760,345 shares were traded during mid-day trading, a decline of 46% from the average session volume of 18,001,191 shares. The stock had previously closed at GBX 0.93 ($0.01).

Aptamer Group Stock Down 8.3%

The stock has a fifty day moving average of GBX 0.72 and a 200-day moving average of GBX 0.46. The stock has a market cap of £22.87 million, a PE ratio of -302.86 and a beta of -0.52.

Insiders Place Their Bets

In related news, insider Adam Hargreaves bought 5,000,000 shares of the firm’s stock in a transaction on Monday, September 8th. The shares were bought at an average cost of GBX 1 per share, for a total transaction of £50,000. 8.57% of the stock is owned by corporate insiders.

About Aptamer Group

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Aptamer Group is a leading provider of aptamer selection services and developer of aptamer-based reagents for use in research, bioprocessing, diagnostic, and therapeutic applications. Headquartered in York, UK, the Company partners globally to deliver aptamer-based solutions that drive discovery and development across the life sciences.

Aptamer Group has developed the proprietary Optimer® platform technology that drives three distinct businesses: Aptamer Solutions, Aptamer Diagnostics and Aptamer Therapeutics.

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