Shares of Futura Medical plc. (LON:FUM) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $38.20 and traded as low as $34.70. Futura Medical shares last traded at $35.00, with a volume of 74,454 shares traded.
Separately, Liberum Capital restated a “buy” rating on shares of Futura Medical in a research report on Tuesday, September 10th.
The firm’s 50-day moving average is GBX 37.91 and its two-hundred day moving average is GBX 30.44. The stock has a market cap of $68.05 million and a P/E ratio of -6.93.
Futura Medical plc develops pharmaceutical drugs and medical devices for the consumer healthcare markets focusing on sexual healthcare and pain relief management. The company offers CSD500, a condom that incorporates an erectogenic gel to help men maintain a firmer erection during intercourse whilst wearing a condom.
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