Biodexa Pharmaceuticals (LON:MTPH) Stock Price Crosses Above 50-Day Moving Average of $18.00

Biodexa Pharmaceuticals Plc (LON:MTPHGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 18 ($0.23) and traded as high as GBX 20 ($0.26). Biodexa Pharmaceuticals shares last traded at GBX 18 ($0.23), with a volume of 73,672 shares trading hands.

Biodexa Pharmaceuticals Stock Up 1,794.7 %

The company has a quick ratio of 5.28, a current ratio of 5.28 and a debt-to-equity ratio of 9.52. The firm has a market cap of £31.20 million, a price-to-earnings ratio of -21.95 and a beta of 1.22. The stock’s 50 day moving average is GBX 18 and its 200 day moving average is GBX 18.

Biodexa Pharmaceuticals Company Profile

(Get Free Report)

Midatech Pharma plc, a drug delivery technology company, focuses on the research and development of medicines in the United Kingdom, rest of Europe, and internationally. The company is developing MTX110, a direct delivery treatment for diffuse intrinsic pontine glioma, medulloblastomas, and glioblastoma multiforme; MTX114, an immuno-suppressant for topical application in psoriasis; MTD211, a long-acting formulation of brexpiprazole for the treatment of schizophrenia and adjunctive treatment of major depressive disorder; and MTD219, a long-acting formulation of tacrolimus used to lower the risk of organ transplant rejection.

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