ValiRx (LON:VAL) Share Price Passes Below 200-Day Moving Average – Here’s Why

ValiRx plc (LON:VALGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.48 and traded as low as GBX 0.37. ValiRx shares last traded at GBX 0.37, with a volume of 1,338,483 shares traded.

ValiRx Trading Down 3.4%

The firm has a market capitalization of £2.76 million, a price-to-earnings ratio of -0.40 and a beta of 0.59. The company has a quick ratio of 1.27, a current ratio of 6.65 and a debt-to-equity ratio of 0.44. The firm’s 50 day moving average is GBX 0.34 and its 200 day moving average is GBX 0.48.

About ValiRx

(Get Free Report)

ValiRx accelerates the development of treatments in cancer and women’s health to improve patient lives. We provide the scientific, financial and commercial framework to enable the rapid translation of innovative science into clinical development.

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