Nuformix (LON:NFX) Reaches New 12-Month Low – What’s Next?

Nuformix plc (LON:NFXGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.06 ($0.00), with a volume of 3374588 shares. The stock had previously closed at GBX 0.06 ($0.00).

Nuformix Stock Down 4.8 %

The business’s 50 day simple moving average is GBX 0.11 and its 200 day simple moving average is GBX 0.16. The company has a market capitalization of £491,586.00, a PE ratio of -1.63 and a beta of 1.22. The company has a quick ratio of 3.35, a current ratio of 1.12 and a debt-to-equity ratio of 1.17.

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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