Nuformix (LON:NFX) Trading Down 12.5%

Shares of Nuformix plc (LON:NFXGet Free Report) were down 12.5% during mid-day trading on Wednesday . The company traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.06 ($0.00). Approximately 19,272,414 shares were traded during mid-day trading, an increase of 383% from the average daily volume of 3,989,162 shares. The stock had previously closed at GBX 0.06 ($0.00).

Nuformix Stock Down 12.5 %

The firm has a market capitalization of £458,813.60, a PE ratio of -1.63 and a beta of 1.22. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.12 and a quick ratio of 3.35. The company has a 50-day moving average price of GBX 0.16 and a 200 day moving average price of GBX 0.18.

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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