Futura Medical (LON:FUM) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Futura Medical plc (LON:FUMGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 30.99 ($0.39) and traded as low as GBX 13 ($0.16). Futura Medical shares last traded at GBX 13.40 ($0.17), with a volume of 144,416 shares trading hands.

Futura Medical Price Performance

The stock has a market capitalization of £41.77 million, a price-to-earnings ratio of -11.05 and a beta of 1.25. The stock’s 50 day simple moving average is GBX 23.82 and its 200-day simple moving average is GBX 30.99.

Futura Medical Company Profile

(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.

Recommended Stories

Receive News & Ratings for Futura Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Futura Medical and related companies with MarketBeat.com's FREE daily email newsletter.