Nuformix (LON:NFX) Stock Price Down 18% – Here’s What Happened

Nuformix plc (LON:NFXGet Free Report) was down 18% during mid-day trading on Friday . The company traded as low as GBX 0.08 ($0.00) and last traded at GBX 0.08 ($0.00). Approximately 10,914,796 shares traded hands during trading, a decline of 86% from the average daily volume of 76,368,313 shares. The stock had previously closed at GBX 0.10 ($0.00).

Nuformix Stock Performance

The company has a market cap of £1.01 million, a P/E ratio of -2.49 and a beta of 1.22. The stock has a 50 day moving average price of GBX 0.06 and a 200 day moving average price of GBX 0.09.

Nuformix (LON:NFXGet Free Report) last released its earnings results on Wednesday, January 29th. The company reported GBX (0.46) (($0.01)) earnings per share (EPS) for the quarter.

Nuformix Company Profile

(Get Free Report)

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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