C4X Discovery (LON:C4XD) Shares Pass Above Fifty Day Moving Average of $11.05

C4X Discovery Holdings plc (LON:C4XD)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 11.05 ($0.14) and traded as high as GBX 12 ($0.15). C4X Discovery shares last traded at GBX 12 ($0.15), with a volume of 3,770,459 shares changing hands.

C4X Discovery Price Performance

The firm’s 50 day simple moving average is GBX 11.05 and its 200 day simple moving average is GBX 11.90. The stock has a market capitalization of £30.27 million, a PE ratio of -300.00 and a beta of 0.27. The company has a debt-to-equity ratio of 6.49, a current ratio of 3.28 and a quick ratio of 9.82.

Insiders Place Their Bets

In other C4X Discovery news, insider Clive Dix acquired 485,320 shares of the business’s stock in a transaction on Monday, April 8th. The shares were acquired at an average price of GBX 10 ($0.13) per share, for a total transaction of £48,532 ($60,969.85). Company insiders own 24.66% of the company’s stock.

C4X Discovery Company Profile

C4X Discovery Holdings plc operates as drug discovery company in the United Kingdom. The company provides Taxonomy3, a novel in silico platform technology that utilizes proprietary mathematical algorithms to perform complex multivariate analysis of genetic data; Conformetrix, a technology platform which allows 3D-shapes of free drug molecules to be measured from experimental data, giving medicinal chemists new and unprecedented insights into the behavior and physical properties of drug molecules; and 4Sight for visualizing 4D molecules in virtual reality research scientists to view, understand and interrogate the complex, multidimensional molecular shape data of drug molecules.