Nuformix (LON:NFX) Trading Down 2.6% – Here’s What Happened

Nuformix plc (LON:NFXGet Free Report) fell 2.6% during trading on Tuesday . The stock traded as low as GBX 0.13 and last traded at GBX 0.15. Approximately 2,990,761 shares were traded during mid-day trading, a decline of 90% from the average session volume of 29,624,281 shares. The stock had previously closed at GBX 0.15.

Nuformix Stock Performance

The firm has a market cap of £4.85 million, a PE ratio of -6.35 and a beta of 1.52. The company’s 50-day simple moving average is GBX 0.17 and its two-hundred day simple moving average is GBX 0.19.

Nuformix (LON:NFXGet Free Report) last issued its quarterly earnings data on Thursday, May 28th. The company reported GBX (0.02) EPS for the quarter.

Nuformix Company Profile

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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. It also has an option agreement with Oxilio Ltd. for NXP001 for oncology indications.

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