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Futura Medical (LON:FUM) Trading Down 50.4% - Should You Sell?

Futura Medical logo with Medical background

Futura Medical plc (LON:FUM - Get Free Report) was down 50.4% on Thursday . The stock traded as low as GBX 12 ($0.15) and last traded at GBX 15.37 ($0.19). Approximately 7,146,634 shares changed hands during trading, an increase of 1,069% from the average daily volume of 611,389 shares. The stock had previously closed at GBX 31 ($0.39).

Futura Medical Stock Down 1.0 %

The company has a 50 day simple moving average of GBX 31.40 and a two-hundred day simple moving average of GBX 33.81. The company has a market capitalization of £49.29 million, a P/E ratio of -1,630.00 and a beta of 1.25.

Futura Medical Company Profile

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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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