The stock of Midatech Pharma PLC (LON:MTPH) is a huge mover today! The stock increased 0.40% or GBX 0.5 on November 16, hitting GBX 127. About 18,156 shares traded hands. Midatech Pharma PLC (LON:MTPH) has declined 15.15% since April 19, 2016 and is downtrending. It has underperformed by 19.84% the S&P500.
The move comes after 8 months positive chart setup for the GBX 62.11 million company. It was reported on Nov, 16 by Barchart.com. We have GBX 224.79 PT which if reached, will make LON:MTPH worth GBX 47.82 million more.
Midatech Pharma PLC (LON:MTPH) Ratings Coverage
Out of 2 analysts covering Midatech Pharma Plc (LON:MTPH), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Midatech Pharma Plc has been the topic of 23 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The company was maintained on Monday, September 14 by Panmure Gordon. The stock of Midatech Pharma PLC (LON:MTPH) has “Buy” rating given on Friday, December 18 by Panmure Gordon. Panmure Gordon maintained the shares of MTPH in a report on Wednesday, November 4 with “Buy” rating. The firm has “Buy” rating by Panmure Gordon given on Monday, April 11. N+1 Singer maintained it with “Buy” rating and GBX 283 target price in Monday, October 31 report. Panmure Gordon maintained the shares of MTPH in a report on Friday, September 30 with “Buy” rating. The stock has “Buy” rating given by Panmure Gordon on Wednesday, August 12. Panmure Gordon maintained it with “Buy” rating and GBX 380 target price in Friday, September 2 report. The firm has “Buy” rating given on Wednesday, January 6 by Panmure Gordon. Panmure Gordon maintained it with “Buy” rating and GBX 380 target price in Wednesday, May 18 report.
More important recent Midatech Pharma PLC (LON:MTPH) news were published by: Streetinsider.com which released: “Form 6-K Midatech Pharma Plc For: Nov 15” on November 15, 2016, also Fool.Co.Uk published article titled: “Will Midatech Pharma plc be the next Shire plc?”, Quotes.Wsj.com published: “DOW JONES, A NEWS CORP COMPANY” on February 12, 2011. More interesting news about Midatech Pharma PLC (LON:MTPH) was released by: Uk.Finance.Yahoo.com and their article: “Midatech Pharma Plc (MTPH.L)” with publication date: January 05, 2015.
Midatech Pharma PLC is an early-stage biopharmaceutical firm that focuses on commercializing and developing products in oncology and other therapeutic areas. The company has a market cap of 62.11 million GBP. The Company’s divisions include Pipeline Research and Development, and Commercial. It currently has negative earnings. The Pipeline Research and Development segment seeks to develop products using the nanomedicine and sustained release technology platforms.
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