ValiRx (LON:VAL) Trading Down 2.4% – Should You Sell?

ValiRx plc (LON:VALGet Free Report)’s stock price dropped 2.4% during mid-day trading on Tuesday . The stock traded as low as GBX 2 ($0.03) and last traded at GBX 2.10 ($0.03). Approximately 2,947,279 shares changed hands during mid-day trading, an increase of 182% from the average daily volume of 1,043,736 shares. The stock had previously closed at GBX 2.15 ($0.03).

ValiRx Trading Down 1.7 %

The firm has a market cap of £2.28 million, a price-to-earnings ratio of -93.50 and a beta of 0.59. The business has a 50 day moving average of GBX 1.84 and a 200 day moving average of GBX 2.53. The company has a quick ratio of 1.27, a current ratio of 6.65 and a debt-to-equity ratio of 0.49.

ValiRx Company Profile

(Get Free Report)

ValiRx plc, a biopharmaceutical company, engages in the development of oncology therapeutics and companion diagnostics in the United Kingdom. The company's lead drug candidates include VAL201, a short peptide that has completed Phase I/II trials for the treatment of prostate cancer; and VAL401, a reformulation of anti-psychotic drug risperidone, which has completed Phase II clinical trial for the treatment of end-stage non-small cell lung cancer.

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