N4 Pharma (LON:N4P) Trading Up 4.8% – Here’s What Happened

N4 Pharma Plc (LON:N4P)’s stock price shot up 4.8% during trading on Friday . The stock traded as high as GBX 0.55 and last traded at GBX 0.55. 127,292 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 2,134,677 shares. The stock had previously closed at GBX 0.53.

N4 Pharma Trading Up 4.8%

The business has a 50 day simple moving average of GBX 0.59 and a two-hundred day simple moving average of GBX 0.52. The stock has a market cap of £4.58 million, a price-to-earnings ratio of -2.29 and a beta of -0.37.

N4 Pharma (LON:N4P) last announced its earnings results on Thursday, September 25th. The company reported GBX (0.09) earnings per share (EPS) for the quarter. N4 Pharma had a negative net margin of 18,399.86% and a negative return on equity of 90.68%.

N4 Pharma Company Profile

N4 Pharma is a biotech company developing Nuvec®, its proprietary gene delivery system, to enable advanced therapies for cancer and other diseases.

RNA therapeutics are set to impact the treatment of a wide range of diseases and Nuvec® has several key advantages for RNA gene delivery including the ability to deliver multiple RNA therapies in a single particle, ease of manufacturing, protection of the RNA payload to allow for oral delivery, no unwanted immune response and excellent stability and storage.

N4 Pharma is building out its preclinical data set and working towards first-in-human clinical data to support significant licensing deals for its Nuvec® platform with gene therapy partners.

N4 Pharma’s lead programme, N4 101, is an oral anti-inflammatory product for inflammatory bowel disease (IBD) which serves as a proof-of-concept programme showcasing all the benefits of the Nuvec® platform.