ValiRx (LON:VAL) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

ValiRx plc (LON:VALGet Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1.18 ($0.02) and traded as low as GBX 0.59 ($0.01). ValiRx shares last traded at GBX 0.59 ($0.01), with a volume of 438,093 shares.

ValiRx Stock Performance

The company has a quick ratio of 1.27, a current ratio of 6.65 and a debt-to-equity ratio of 0.44. The company has a market capitalization of £2.23 million, a price-to-earnings ratio of -0.40 and a beta of 0.59. The stock has a fifty day moving average price of GBX 0.70 and a two-hundred day moving average price of GBX 1.18.

About ValiRx

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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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