Futura Medical (LON:FUM) Share Price Crosses Above 50 Day Moving Average of $38.23

Futura Medical plc (LON:FUM)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 38.23 ($0.48) and traded as high as GBX 39 ($0.49). Futura Medical shares last traded at GBX 38.80 ($0.49), with a volume of 283,347 shares trading hands.

Futura Medical Stock Up 2.1 %

The firm has a fifty day moving average price of GBX 38.23 and a 200 day moving average price of GBX 35.99. The company has a market cap of £116.96 million, a P/E ratio of -1,940.00 and a beta of 1.26.

Futura Medical Company Profile

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.