Futura Medical (LON:FUM) Trading Up 11.8% – Here’s Why

Futura Medical plc (LON:FUM)’s stock price rose 11.8% during trading on Tuesday . The company traded as high as GBX 14.98 ($0.19) and last traded at GBX 14.98 ($0.19). Approximately 343,060 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 864,320 shares. The stock had previously closed at GBX 13.40 ($0.17).

Futura Medical Stock Up 11.8 %

The business’s fifty day moving average price is GBX 29.62 and its 200 day moving average price is GBX 33.12. The firm has a market capitalization of £45.30 million, a PE ratio of -1,498.00 and a beta of 1.25.

Futura Medical Company Profile

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.