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Futura Medical (LON:FUM) Share Price Passes Below Two Hundred Day Moving Average - Should You Sell?

Futura Medical logo with Medical background

Futura Medical plc (LON:FUM - Get Free Report)'s stock price crossed 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 changing hands.

Futura Medical Trading Down 0.2 %

The business's fifty day simple moving average is GBX 34.52 and its 200-day simple moving average is GBX 35.45. The firm has a market cap of £100.32 million, a P/E ratio of -3,317.50 and a beta of 1.25.

About Futura Medical

(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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