Nuformix (LON:NFX) Trading Up 18.8% – What’s Next?

Shares of Nuformix plc (LON:NFXGet Free Report) rose 18.8% on Friday . The company traded as high as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). Approximately 47,841,488 shares were traded during trading, an increase of 195% from the average daily volume of 16,233,574 shares. The stock had previously closed at GBX 0.05 ($0.00).

Nuformix Stock Up 20.8 %

The firm has a 50-day moving average of GBX 0.05 and a two-hundred day moving average of GBX 0.11. The company has a quick ratio of 3.35, a current ratio of 1.12 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of £475,199.80, a price-to-earnings ratio of -1.63 and a beta of 1.22.

Nuformix Company Profile

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Nuformix plc operates in the field of pharmaceutical development for treating fibrosis and oncology through drug repurposing in the United Kingdom. It offers NXP001, which has completed Phase 1 for use in oncology supportive care. The company is also developing NXP004, a novel form of Olaparib, which is in the IP generation phase for treating oncology; and NXP002 that is in pre-clinical stage for the treatment of idiopathic pulmonary fibrosis.

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