ValiRx (LON:VAL) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of ValiRx plc (LON:VALGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1.18 ($0.02) and traded as low as GBX 0.59 ($0.01). ValiRx shares last traded at GBX 0.59 ($0.01), with a volume of 438,093 shares traded.

ValiRx Trading Down 4.0 %

The business’s 50-day simple moving average is GBX 0.69 and its two-hundred day simple moving average is GBX 1.16. The firm has a market capitalization of £2.19 million, a price-to-earnings ratio of -0.39 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.

About ValiRx

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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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