Nuformix (LON:NFX) Trading Down 11.9%

Nuformix plc (LON:NFXGet Free Report) shares dropped 11.9% during trading on Tuesday . The company traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 14,879,378 shares traded hands during trading, an increase of 182% from the average daily volume of 5,271,314 shares. The stock had previously closed at GBX 0.06 ($0.00).

Nuformix Trading Down 11.9 %

The business has a 50-day moving average of GBX 0.16 and a 200 day moving average of GBX 0.18. The stock has a market cap of £426,041.20, a PE ratio of -1.63 and a beta of 1.22. The company has a debt-to-equity ratio of 1.17, a quick ratio of 3.35 and a current ratio of 1.12.

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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