Nuformix (LON:NFX) Shares Up 1.6% – Here’s What Happened

Nuformix plc (LON:NFXGet Free Report) traded up 1.6% during trading on Monday . The company traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 24,372,961 shares were traded during mid-day trading, a decline of 54% from the average session volume of 52,647,891 shares. The stock had previously closed at GBX 0.06 ($0.00).

Nuformix Stock Performance

The firm has a 50-day simple moving average of GBX 0.06 and a two-hundred day simple moving average of GBX 0.10. The company has a current ratio of 1.12, a quick ratio of 3.35 and a debt-to-equity ratio of 1.17. The company has a market capitalization of £794,730.70, a price-to-earnings ratio of -1.63 and a beta of 1.22.

Nuformix (LON:NFXGet Free Report) last posted its earnings results on Wednesday, January 29th. The company reported GBX (0.46) (($0.01)) earnings per share (EPS) for the quarter.

About Nuformix

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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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