Futura Medical (LON:FUM) Stock Passes Above 50 Day Moving Average of $35.22

Shares of Futura Medical plc (LON:FUM) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 35.22 ($0.47) and traded as high as GBX 36 ($0.48). Futura Medical shares last traded at GBX 34.35 ($0.46), with a volume of 337,993 shares trading hands.

Futura Medical Trading Up 0.3 %

The firm has a market capitalization of £103.99 million, a P/E ratio of -3,435.00 and a beta of 1.25. The business’s 50 day simple moving average is GBX 35.22 and its two-hundred day simple moving average is GBX 36.84.

Insider Activity at Futura Medical

In other Futura Medical news, insider James Henry Barder sold 250,000 shares of Futura Medical stock in a transaction on Friday, September 13th. The stock was sold at an average price of GBX 41 ($0.55), for a total value of £102,500 ($137,105.40). 34.16% of the stock is owned by insiders.

About Futura Medical

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.