Futura Medical (LON:FUM) Stock Price Down 9.1% – Here’s Why

Futura Medical plc (LON:FUMGet Free Report)’s share price traded down 9.1% during trading on Friday . The stock traded as low as GBX 8.50 ($0.11) and last traded at GBX 9.20 ($0.12). 729,276 shares changed hands during mid-day trading, an increase of 8% from the average session volume of 672,447 shares. The stock had previously closed at GBX 10.13 ($0.13).

Futura Medical Stock Down 10.9 %

The stock has a market cap of £28.13 million, a P/E ratio of -7.44 and a beta of 1.25. The business has a 50 day moving average price of GBX 13.78 and a two-hundred day moving average price of GBX 26.75.

About Futura Medical

(Get Free Report)

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.

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