Nuformix (LON:NFX) Reaches New 52-Week Low at $0.16

Nuformix plc (LON:NFXGet Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00), with a volume of 198199 shares. The stock had previously closed at GBX 0.17 ($0.00).

Nuformix Stock Down 4.7 %

The firm has a market cap of £1.33 million, a price-to-earnings ratio of -1.63 and a beta of 0.28. The business’s 50-day moving average is GBX 0.19 and its 200-day moving average is GBX 0.25. The company has a debt-to-equity ratio of 1.17, a quick ratio of 3.35 and a current ratio of 1.51.

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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