Shares of Faron Pharmaceuticals Oy (LON:FARN – Get Free Report) hit a new 52-week low during mid-day trading on Thursday. The company traded as low as GBX 34 and last traded at GBX 38, with a volume of 36127 shares traded. The stock had previously closed at GBX 36.50.
Faron Pharmaceuticals Oy Stock Performance
The company has a 50-day moving average of GBX 38.76 and a 200 day moving average of GBX 41.77. The company has a quick ratio of 1.09, a current ratio of 2.40 and a debt-to-equity ratio of 154.15. The firm has a market capitalization of £77.09 million, a PE ratio of -3.30 and a beta of 1.12.
About Faron Pharmaceuticals Oy
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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