Oxford Cannabinoid Technologies (LON:OCTP) Shares Down 66.6%

Oxford Cannabinoid Technologies Holdings Plc (LON:OCTPGet Free Report) shares fell 66.6% during trading on Wednesday . The company traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.12 ($0.00). 33,863,473 shares changed hands during trading, an increase of 515% from the average session volume of 5,502,056 shares. The stock had previously closed at GBX 0.35 ($0.00).

Oxford Cannabinoid Technologies Trading Down 7.7 %

The company has a fifty day moving average price of GBX 0.39 and a two-hundred day moving average price of GBX 0.57. The firm has a market capitalization of £1.56 million, a PE ratio of -53.10 and a beta of 0.79.

About Oxford Cannabinoid Technologies

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Oxford Cannabinoid Technologies Holdings Plc, a pharmaceutical company, engages in the research, development, and commercialization of cannabinoid-based prescription medicines. Its lead drug candidate consists of OCT461201, an CB2 receptor, that is in phase I clinical trial for use in the treatment of chemotherapy-induced peripheral neuropathy and irritable bowel syndrome (IBS), as well as in neuropathic and visceral pain conditions.

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