Nuformix (LON:NFX) Stock Price Down 1.6% – Should You Sell?

Nuformix plc (LON:NFXGet Free Report) fell 1.6% on Wednesday . The company traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). 13,051,383 shares were traded during mid-day trading, an increase of 124% from the average session volume of 5,828,061 shares. The stock had previously closed at GBX 0.06 ($0.00).

Nuformix Stock Up 7.1 %

The company has a quick ratio of 3.35, a current ratio of 1.12 and a debt-to-equity ratio of 1.17. The business has a 50-day simple moving average of GBX 0.13 and a 200-day simple moving average of GBX 0.17. The company has a market cap of £491,586.00, a PE ratio of -1.63 and a beta of 1.22.

Nuformix Company Profile

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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.

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