Nuformix (LON:NFX) Shares Down 13.7%

Nuformix plc (LON:NFXGet Free Report) shares were down 13.7% on Wednesday . The stock traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.15 ($0.00). Approximately 5,700,000 shares changed hands during trading, an increase of 132% from the average daily volume of 2,452,163 shares. The stock had previously closed at GBX 0.18 ($0.00).

Nuformix Price Performance

The company has a quick ratio of 3.35, a current ratio of 1.51 and a debt-to-equity ratio of 1.17. The firm’s fifty day moving average price is GBX 0.19 and its two-hundred day moving average price is GBX 0.24. The stock has a market capitalization of £1.24 million, a PE ratio of -1.63 and a beta of 0.28.

About Nuformix

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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.

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