ValiRx (LON:VAL) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

ValiRx plc (LON:VAL) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 0.33 and traded as high as GBX 0.35. ValiRx shares last traded at GBX 0.35, with a volume of 8,881,739 shares changing hands.

ValiRx Price Performance

The company has a debt-to-equity ratio of 0.44, a current ratio of 6.65 and a quick ratio of 1.27. The company’s 50-day moving average price is GBX 0.33 and its 200-day moving average price is GBX 0.50. The company has a market cap of £2.60 million, a P/E ratio of -0.38 and a beta of 0.59.

ValiRx (LON:VAL) last released its earnings results on Monday, September 29th. The company reported GBX (0.22) earnings per share (EPS) for the quarter. ValiRx had a negative return on equity of 55.84% and a negative net margin of 20,554.01%. As a group, sell-side analysts predict that ValiRx plc will post -1.74 earnings per share for the current fiscal year.

ValiRx Company Profile

ValiRx accelerates the development of treatments in cancer and women’s health to improve patient lives. We provide the scientific, financial and commercial framework to enable the rapid translation of innovative science into clinical development.