C4X Discovery (LON:C4XD) Stock Price Passes Below Fifty Day Moving Average of $19.60

Shares of C4X Discovery Holdings plc (LON:C4XD – Get Rating) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 19.60 ($0.24) and traded as low as GBX 16.63 ($0.20). C4X Discovery shares last traded at GBX 17.50 ($0.21), with a volume of 223,009 shares traded.

C4X Discovery Stock Performance

The company has a debt-to-equity ratio of 1.96, a current ratio of 9.82 and a quick ratio of 9.82. The stock’s 50-day simple moving average is GBX 19.60 and its 200 day simple moving average is GBX 21.73. The stock has a market capitalization of £44.12 million and a P/E ratio of -8.33.

About C4X Discovery

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C4X Discovery Holdings plc operates as drug discovery company in the United Kingdom. The company provides Taxonomy3, a novel in silico platform technology that utilizes proprietary mathematical algorithms to perform complex multivariate analysis of genetic data; Conformetrix, a technology platform which allows 3D-shapes of free drug molecules to be measured from experimental data, giving medicinal chemists new and unprecedented insights into the behavior and physical properties of drug molecules; and 4Sight for visualizing 4D molecules in virtual reality research scientists to view, understand and interrogate the complex, multidimensional molecular shape data of drug molecules.