Futura Medical (LON:FUM) Trading Up 11.8% – Here’s What Happened

Shares of Futura Medical plc (LON:FUMGet Free Report) were up 11.8% on Tuesday . The company traded as high as GBX 14.98 ($0.19) and last traded at GBX 14.98 ($0.19). Approximately 343,060 shares changed hands during trading, a decline of 60% from the average daily volume of 864,320 shares. The stock had previously closed at GBX 13.40 ($0.17).

Futura Medical Price Performance

The stock has a 50 day simple moving average of GBX 28.84 and a 200-day simple moving average of GBX 32.86. The firm has a market cap of £41.58 million, a PE ratio of -1,375.00 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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