ValiRx (LON:VAL) Shares Pass Below 200-Day Moving Average – Here’s Why

ValiRx plc (LON:VALGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1.32 ($0.02) and traded as low as GBX 0.62 ($0.01). ValiRx shares last traded at GBX 0.63 ($0.01), with a volume of 1,707,431 shares changing hands.

ValiRx Trading Down 2.5 %

The stock has a fifty day moving average of GBX 0.72 and a two-hundred day moving average of GBX 1.32. The company has a current ratio of 6.65, a quick ratio of 1.27 and a debt-to-equity ratio of 0.44. The company has a market capitalization of £2.38 million, a PE ratio of -0.42 and a beta of 0.59.

ValiRx Company Profile

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ValiRx accelerates the development of treatments in cancer and women’s health to improve patient lives. We provide the scientific, financial and commercial framework to enable the rapid translation of innovative science into clinical development.

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