Futura Medical (LON:FUM) Stock Price Down 14.3% – What’s Next?

Futura Medical plc (LON:FUM) fell 14.3% during mid-day trading on Friday . The company traded as low as GBX 12.14 ($0.15) and last traded at GBX 12.24 ($0.16). 631,683 shares changed hands during trading, a decline of 26% from the average session volume of 854,730 shares. The stock had previously closed at GBX 14.29 ($0.18).

Futura Medical Price Performance

The business’s fifty day moving average is GBX 26.15 and its 200-day moving average is GBX 31.91. The firm has a market cap of £40.55 million, a PE ratio of -10.73 and a beta of 1.25.

Futura Medical Company Profile

Futura Medical plc, a pharmaceutical company, develops pharmaceutical and healthcare products for the consumer healthcare markets focusing on sexual health and pain relief management. Its lead product is MED3000, a topical gel for the treatment of erectile dysfunction. The company also develops pain relief products, including TPR100, a topical diclofenac pain relief gel; CBD100, a topical cannabidiol formulation; and TIB200, a topical ibuprofen pain relief gel.