Nuformix (LON:NFX) Trading 8.7% Higher – Here’s Why

Nuformix plc (LON:NFXGet Free Report) shares traded up 8.7% during mid-day trading on Wednesday . The stock traded as high as GBX 0.09 ($0.00) and last traded at GBX 0.09 ($0.00). 3,331,248 shares were traded during mid-day trading, a decline of 96% from the average session volume of 74,219,031 shares. The stock had previously closed at GBX 0.08 ($0.00).

Nuformix Stock Performance

The stock has a market cap of £1.02 million, a PE ratio of -2.52 and a beta of 1.22. The firm has a 50-day moving average price of GBX 0.07 and a 200-day moving average price of GBX 0.09.

Nuformix (LON:NFXGet Free Report) last issued its earnings results on Wednesday, January 29th. The company reported GBX (0.46) (($0.01)) earnings per share (EPS) for the quarter.

About Nuformix

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Nuformix plc operates in the field of pharmaceutical development for treating fibrosis and oncology through drug repurposing in the United Kingdom. It offers NXP001, which has completed Phase 1 for use in oncology supportive care. The company is also developing NXP004, a novel form of Olaparib, which is in the IP generation phase for treating oncology; and NXP002 that is in pre-clinical stage for the treatment of idiopathic pulmonary fibrosis.

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