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Faron Pharmaceuticals Oy (LON:FARN) Stock Crosses Above 50 Day Moving Average - Should You Sell?

Faron Pharmaceuticals Oy logo with Medical background

Faron Pharmaceuticals Oy (LON:FARN - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 176.23 ($2.29) and traded as high as GBX 220 ($2.86). Faron Pharmaceuticals Oy shares last traded at GBX 202.75 ($2.63), with a volume of 25,650 shares.

Faron Pharmaceuticals Oy Trading Up 2.9 %

The company has a debt-to-equity ratio of 922.55, a current ratio of 1.45 and a quick ratio of 1.09. The firm's fifty day moving average is GBX 177.45 and its 200-day moving average is GBX 184.80. The firm has a market cap of £288.64 million, a price-to-earnings ratio of -5.75 and a beta of 0.36.

About Faron Pharmaceuticals Oy

(Get Free Report)

Faron (AIM: FARN, First North: FARON) is a clinical stage biopharmaceutical company developing novel treatments for medical conditions with significant unmet needs. The Company currently has a pipeline based on the receptors involved in regulation of immune response in oncology and organ damage. Clevegen (bexmarilimab), its investigative precision immunotherapy, is a novel anti-Clever-1 antibody with the ability to switch immune suppression to immune activation in various conditions, with potential across oncology, infectious disease and vaccine development.

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