C4X Discovery (LON:C4XD) Trading 27.3% Higher – Time to Buy?

Shares of C4X Discovery Holdings plc (LON:C4XDGet Free Report) traded up 27.3% during trading on Thursday . The stock traded as high as GBX 12 ($0.15) and last traded at GBX 12 ($0.15). 3,770,459 shares traded hands during trading, an increase of 219% from the average session volume of 1,183,176 shares. The stock had previously closed at GBX 9.43 ($0.12).

C4X Discovery Price Performance

The company has a quick ratio of 9.82, a current ratio of 15.31 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of £30.27 million, a price-to-earnings ratio of 300.00 and a beta of 0.23. The company’s 50 day moving average is GBX 12 and its 200 day moving average is GBX 11.65.

About C4X Discovery

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C4X Discovery Holdings plc operates as drug discovery company in the United Kingdom. The company provides Taxonomy3, a novel in silico platform technology that utilizes proprietary mathematical algorithms to perform complex multivariate analysis of genetic data; Conformetrix, a technology platform which allows 3D-shapes of free drug molecules to be measured from experimental data, giving medicinal chemists new and unprecedented insights into the behavior and physical properties of drug molecules; and 4Sight for visualizing 4D molecules in virtual reality research scientists to view, understand and interrogate the complex, multidimensional molecular shape data of drug molecules.

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