Nuformix (LON:NFX) Shares Up 4.4% – Here’s What Happened

Nuformix plc (LON:NFXGet Free Report) was up 4.4% during trading on Friday . The company traded as high as GBX 0.14 and last traded at GBX 0.14. Approximately 20,339,689 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 29,953,295 shares. The stock had previously closed at GBX 0.14.

Nuformix Stock Up 4.4%

The stock has a market capitalization of £3.68 million, a price-to-earnings ratio of -4.81 and a beta of 1.52. The business’s 50 day simple moving average is GBX 0.17 and its 200-day simple moving average is GBX 0.19.

Nuformix (LON:NFXGet Free Report) last issued its quarterly earnings results on Thursday, May 28th. The company reported GBX (0.02) earnings per share 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. It also has an option agreement with Oxilio Ltd. for NXP001 for oncology indications.

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