Futura Medical (LON:FUM) Trading Down 12.7% – Should You Sell?

Futura Medical plc (LON:FUMGet Free Report) shares dropped 12.7% during trading on Wednesday . The stock traded as low as GBX 9.75 ($0.13) and last traded at GBX 10 ($0.13). Approximately 1,345,431 shares were traded during trading, an increase of 81% from the average daily volume of 744,808 shares. The stock had previously closed at GBX 11.45 ($0.15).

Futura Medical Stock Performance

The firm has a fifty day moving average price of GBX 19.21 and a 200 day moving average price of GBX 29.19. The stock has a market cap of £31.17 million, a PE ratio of -8.25 and a beta of 1.25.

Futura Medical Company Profile

(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.

Further Reading

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