Faron Pharmaceuticals Oy (LON:FARN – Get Free Report)’s share price reached a new 52-week low on Wednesday. The company traded as low as GBX 30.06 and last traded at GBX 32.25, with a volume of 74,224 shares traded. The stock had previously closed at GBX 31.50.
Faron Pharmaceuticals Oy Stock Up 2.4%
The company has a 50-day moving average of GBX 36.45 and a 200-day moving average of GBX 56.95. The company has a market capitalization of £65.43 million, a price-to-earnings ratio of -2.80 and a beta of 1.12. The company has a current ratio of 2.40, a quick ratio of 1.09 and a debt-to-equity ratio of 154.15.
About Faron Pharmaceuticals Oy
Faron (AIM: FARN, First North: FARON) is a clinical stage biopharmaceutical company developing novel treatments for medical conditions with significant unmet needs. The Company currently has a pipeline based on the receptors involved in regulation of immune response in oncology and organ damage. Clevegen (bexmarilimab), its investigative precision immunotherapy, is a novel anti-Clever-1 antibody with the ability to switch immune suppression to immune activation in various conditions, with potential across oncology, infectious disease and vaccine development.
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