Faron Pharmaceuticals Oy (LON:FARN) Trading Up 1.8%
Faron Pharmaceuticals Oy (LON:FARN) was up 1.8% on Monday . The stock traded as high as GBX 295 ($3.88) and last traded at GBX 277.50 ($3.65), approximately 70,366 shares changed hands during trading. An increase of 385% from the average daily volume of 14,501 shares. The stock had previously closed at GBX 272.50 ($3.58).
The firm has a market cap of $116.89 million and a PE ratio of -2.52. The firm has a fifty day simple moving average of GBX 267.19 and a two-hundred day simple moving average of GBX 162.17. The company has a debt-to-equity ratio of 577.78, a quick ratio of 0.64 and a current ratio of 0.88.
About Faron Pharmaceuticals Oy (LON:FARN)
Faron Pharmaceuticals Oy operates as a clinical stage drug discovery and development company in Finland. It has a pipeline of drug development projects focusing on acute organ traumas, vascular damage, and cancer immunotherapy. The company's lead product candidate is Traumakine, a recombinant human IFN beta-1a, which is in Phase III clinical trial for the treatment of acute respiratory distress syndrome (ARDS).
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