ValiRx (LON:VAL) Stock Price Down 9.5% – Here’s Why

Shares of ValiRx plc (LON:VALGet Free Report) dropped 9.5% during trading on Thursday . The company traded as low as GBX 0.40 ($0.01) and last traded at GBX 0.43 ($0.01). Approximately 1,353,628 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 7,439,741 shares. The stock had previously closed at GBX 0.48 ($0.01).

ValiRx Stock Down 9.5 %

The business’s 50-day moving average is GBX 0.65 and its two-hundred day moving average is GBX 1.06. The firm has a market capitalization of £1.63 million, a price-to-earnings ratio of -0.29 and a beta of 0.59. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.27 and a current ratio of 6.65.

About ValiRx

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ValiRx accelerates the development of treatments in cancer and women’s health to improve patient lives. We provide the scientific, financial and commercial framework to enable the rapid translation of innovative science into clinical development.

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