Nuformix (LON:NFX) Now Covered by Canaccord Genuity Group

Canaccord Genuity Group began coverage on shares of Nuformix (LON:NFXFree Report) in a report issued on Tuesday morning,Digital Look reports. The brokerage issued a buy rating and a GBX 293 ($3.81) target price on the stock.

Nuformix Stock Performance

Shares of NFX opened at GBX 0.08 ($0.00) on Tuesday. Nuformix has a fifty-two week low of GBX 0.04 ($0.00) and a fifty-two week high of GBX 0.30 ($0.00). The business has a 50-day moving average of GBX 0.08 and a 200 day moving average of GBX 0.07. The firm has a market cap of £948,493.00, a P/E ratio of -2.34 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 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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