Nuformix (LON:NFX) Shares Up 18.6% – Still a Buy?

Nuformix plc (LON:NFXGet Free Report)’s share price traded up 18.6% during trading on Monday . The company traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 65,650 shares traded hands during trading, a decline of 99% from the average session volume of 5,787,441 shares. The stock had previously closed at GBX 0.06 ($0.00).

Nuformix Stock Performance

The company has a quick ratio of 3.35, a current ratio of 1.12 and a debt-to-equity ratio of 1.17. The firm has a 50-day moving average price of GBX 0.12 and a two-hundred day moving average price of GBX 0.17. The firm has a market cap of £491,586.00, a PE ratio of -1.63 and a beta of 1.22.

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.

Further Reading

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