Futura Medical (LON:FUM) Trading Down 0.8% – Here’s Why

Futura Medical plc (LON:FUMGet Free Report)’s stock price dropped 0.8% during mid-day trading on Friday . The stock traded as low as GBX 14.26 ($0.18) and last traded at GBX 14.98 ($0.19). Approximately 141,361 shares traded hands during trading, a decline of 80% from the average daily volume of 710,991 shares. The stock had previously closed at GBX 15.10 ($0.19).

Futura Medical Trading Down 8.7 %

The firm has a 50 day moving average of GBX 30.38 and a 200-day moving average of GBX 33.44. The company has a market cap of £41.70 million, a P/E ratio of -1,379.00 and a beta of 1.25.

About Futura Medical

(Get Free Report)

Futura Medical plc, a pharmaceutical company, develops pharmaceutical and healthcare products for the consumer healthcare markets focusing on sexual health and pain relief management. Its lead product is MED3000, a topical gel for the treatment of erectile dysfunction. The company also develops pain relief products, including TPR100, a topical diclofenac pain relief gel; CBD100, a topical cannabidiol formulation; and TIB200, a topical ibuprofen pain relief gel.

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