Nuformix (LON:NFX) Shares Down 15.8% – Time to Sell?

Shares of Nuformix plc (LON:NFXGet Free Report) were down 15.8% during trading on Wednesday . The company traded as low as GBX 0.08 ($0.00) and last traded at GBX 0.08 ($0.00). Approximately 21,459,072 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 69,130,867 shares. The stock had previously closed at GBX 0.10 ($0.00).

Nuformix Stock Down 15.8 %

The company has a 50 day simple moving average of GBX 0.07 and a 200 day simple moving average of GBX 0.08. The stock has a market cap of £985,447.27, a price-to-earnings ratio of -2.43 and a beta of 1.22.

Nuformix (LON:NFXGet Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The company reported GBX (0.46) (($0.01)) earnings per share (EPS) for the quarter.

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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