Faron Pharmaceuticals Oy (LON:FARN – Get Free Report)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 42.71 and traded as low as GBX 40.15. Faron Pharmaceuticals Oy shares last traded at GBX 40.15, with a volume of 15,908 shares traded.
Faron Pharmaceuticals Oy Trading Down 2.4%
The stock has a market capitalization of £81.15 million, a PE ratio of -1.81 and a beta of 1.12. The business’s 50-day moving average is GBX 42.71 and its two-hundred day moving average is GBX 70.29. The company has a debt-to-equity ratio of -133.35, a quick ratio of 1.09 and a current ratio of 0.84.
Faron Pharmaceuticals Oy Company Profile
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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