Futura Medical (LON:FUM) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Futura Medical plc (LON:FUMGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 35.51 ($0.45) and traded as low as GBX 32.70 ($0.41). Futura Medical shares last traded at GBX 33.18 ($0.42), with a volume of 97,229 shares trading hands.

Futura Medical Stock Performance

The stock has a fifty day moving average price of GBX 34.52 and a 200-day moving average price of GBX 35.45. The firm has a market cap of £100.32 million, a PE ratio of -3,317.50 and a beta of 1.25.

Futura Medical Company Profile

(Get Free Report)

Futura Medical plc, a pharmaceutical company, develops pharmaceutical and healthcare products for the consumer healthcare markets focusing on sexual health and pain relief management. Its lead product is MED3000, a topical gel for the treatment of erectile dysfunction. The company also develops pain relief products, including TPR100, a topical diclofenac pain relief gel; CBD100, a topical cannabidiol formulation; and TIB200, a topical ibuprofen pain relief gel.

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