ValiRx (LON:VAL) Shares Down 9% – Here’s Why

ValiRx plc (LON:VALGet Free Report) shares dropped 9% on Wednesday . The company traded as low as GBX 0.13 and last traded at GBX 0.13. Approximately 2,186,069 shares traded hands during trading, a decline of 79% from the average daily volume of 10,512,327 shares. The stock had previously closed at GBX 0.14.

ValiRx Stock Performance

The firm’s fifty day moving average price is GBX 0.16 and its 200 day moving average price is GBX 0.23. The company has a current ratio of 4.62, a quick ratio of 1.27 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of £1.74 million, a price-to-earnings ratio of -0.24 and a beta of 0.59.

ValiRx (LON:VALGet Free Report) last posted its earnings results on Monday, June 22nd. The company reported GBX (0.54) earnings per share for the quarter. The company had revenue of GBX 3 million during the quarter. ValiRx had a negative net margin of 7,115.36% and a negative return on equity of 70.79%. Analysts forecast that ValiRx plc will post -1.74 EPS for the current fiscal year.

ValiRx Company Profile

(Get Free Report)

ValiRx accelerates the development of treatments in cancer and women’s health to improve patient lives. We provide the scientific, financial and commercial framework to enable the rapid translation of innovative science into clinical development.

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