Nuformix (LON:NFX) Stock Price Down 11.1% – Should You Sell?

Nuformix plc (LON:NFXGet Free Report) shares fell 11.1% during trading on Wednesday . The stock traded as low as GBX 0.08 ($0.00) and last traded at GBX 0.08 ($0.00). 13,393,661 shares changed hands during trading, a decline of 78% from the average session volume of 62,280,551 shares. The stock had previously closed at GBX 0.09 ($0.00).

Nuformix Stock Performance

The business has a 50-day simple moving average of GBX 0.07 and a two-hundred day simple moving average of GBX 0.08. The company has a market capitalization of £985,447.27, a price-to-earnings ratio of -2.43 and a beta of 1.22.

Nuformix (LON:NFXGet Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The company reported GBX (0.46) (($0.01)) earnings per share (EPS) for the quarter.

Nuformix Company Profile

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Nuformix plc operates in the field of pharmaceutical development for treating fibrosis and oncology through drug repurposing in the United Kingdom. It offers NXP001, which has completed Phase 1 for use in oncology supportive care. The company is also developing NXP004, a novel form of Olaparib, which is in the IP generation phase for treating oncology; and NXP002 that is in pre-clinical stage for the treatment of idiopathic pulmonary fibrosis.

Further Reading

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