Nuformix plc (LON:NFX – Get Free Report) dropped 11.8% on Wednesday . The company traded as low as GBX 0.13 and last traded at GBX 0.14. 27,570,943 shares changed hands during trading, a decline of 10% from the average daily volume of 30,772,732 shares. The stock had previously closed at GBX 0.16.
Nuformix Price Performance
The firm has a market cap of £3.71 million, a price-to-earnings ratio of -4.85 and a beta of 1.54. The business’s 50-day moving average price is GBX 0.17 and its two-hundred day moving average price is GBX 0.20.
Nuformix (LON:NFX – Get Free Report) last posted its quarterly earnings results on Thursday, May 28th. The company reported GBX (0.02) earnings per share (EPS) for the quarter.
About Nuformix
Nuformix plc operates in the field of pharmaceutical development for treating fibrosis and oncology through drug repurposing in the United Kingdom. It offers NXP001, which has completed Phase 1 for use in oncology supportive care. The company is also developing NXP004, a novel form of Olaparib, which is in the IP generation phase for treating oncology; and NXP002 that is in pre-clinical stage for the treatment of idiopathic pulmonary fibrosis. It also has an option agreement with Oxilio Ltd. for NXP001 for oncology indications.
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