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Faron Pharmaceuticals Oy (LON:FARN) Stock Passes Above Fifty Day Moving Average of $182.05

Faron Pharmaceuticals Oy logo with Medical background

Faron Pharmaceuticals Oy (LON:FARN - Get Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 182.05 ($2.40) and traded as high as GBX 221 ($2.92). Faron Pharmaceuticals Oy shares last traded at GBX 215 ($2.84), with a volume of 2,900 shares traded.

Faron Pharmaceuticals Oy Price Performance

The stock has a fifty day moving average of GBX 182.05 and a two-hundred day moving average of GBX 154.47. The stock has a market capitalization of £224.93 million, a price-to-earnings ratio of -671.88 and a beta of 0.36. The company has a current ratio of 1.45, a quick ratio of 1.09 and a debt-to-equity ratio of 922.55.

About Faron Pharmaceuticals Oy

(Get Free Report)

Faron Pharmaceuticals Oy operates as a clinical stage drug discovery and development company. The company's lead product candidates are Traumakine, an investigational intravenous interferon beta-1a therapy for the prevention from cytokine release syndrome (CRS), or ischemia and hyperinflammatory conditions; and Bexmarilimab, a novel anti-Clever-1 humanized antibody that targets a subpopulation of tumor-associated macrophages and converts the highly immunosuppressive M2-like macrophages to a pro-inflammatory state to promote immune activation.

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