Futura Medical (LON:FUM) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Shares of Futura Medical plc (LON:FUMGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 34.26 ($0.43) and traded as low as GBX 30.10 ($0.38). Futura Medical shares last traded at GBX 30.20 ($0.38), with a volume of 238,446 shares trading hands.

Futura Medical Trading Down 2.8 %

The firm has a market capitalization of £91.31 million, a P/E ratio of -3,019.50 and a beta of 1.25. The firm has a 50 day moving average price of GBX 32.27 and a 200-day moving average price of GBX 34.26.

About Futura Medical

(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.

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