Futura Medical (LON:FUM) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Futura Medical plc (LON:FUM) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 34.50 ($0.42) and traded as low as GBX 31.10 ($0.38). Futura Medical shares last traded at GBX 31.83 ($0.39), with a volume of 416,493 shares traded.

Futura Medical Trading Up 0.0 %

The stock’s fifty day simple moving average is GBX 32.86 and its 200 day simple moving average is GBX 34.45. The company has a market cap of £96.28 million, a price-to-earnings ratio of -3,184.00 and a beta of 1.25.

Futura Medical Company Profile

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.