Futura Medical (LON:FUM) Shares Pass Below 200 Day Moving Average – Time to Sell?

Futura Medical plc (LON:FUMGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 33.44 ($0.42) and traded as low as GBX 15.10 ($0.19). Futura Medical shares last traded at GBX 15.10 ($0.19), with a volume of 628,935 shares.

Futura Medical Trading Down 0.8 %

The firm has a 50-day simple moving average of GBX 30.38 and a 200-day simple moving average of GBX 33.44. The firm has a market cap of £45.30 million, a P/E ratio of -1,498.00 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.

Featured Articles

Receive News & Ratings for Futura Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Futura Medical and related companies with MarketBeat.com's FREE daily email newsletter.