Nuformix (LON:NFX) Stock Price Down 15.1% – Here’s What Happened

Nuformix plc (LON:NFXGet Free Report)’s share price dropped 15.1% on Tuesday . The stock traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 9,097,313 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 10,972,615 shares. The stock had previously closed at GBX 0.05 ($0.00).

Nuformix Trading Up 4.0 %

The company has a debt-to-equity ratio of 1.17, a current ratio of 1.12 and a quick ratio of 3.35. The business has a 50-day moving average price of GBX 0.05 and a two-hundred day moving average price of GBX 0.12. The firm has a market cap of £426,041.20, a PE ratio of -1.63 and a beta of 1.22.

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.

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