Futura Medical (LON:FUM) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Futura Medical plc (LON:FUMGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 33.44 ($0.41) and traded as low as GBX 15.10 ($0.19). Futura Medical shares last traded at GBX 15.10 ($0.19), with a volume of 628,935 shares traded.

Futura Medical Trading Down 11.3 %

The business has a 50-day moving average of GBX 29.62 and a 200 day moving average of GBX 33.14. The firm has a market capitalization of £40.52 million, a PE ratio of -1,340.00 and a beta of 1.25.

About Futura Medical

(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.

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