Futura Medical (LON:FUM) Shares Cross Below 200 Day Moving Average – Should You Sell?

Futura Medical plc (LON:FUMGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 35.19 ($0.44) and traded as low as GBX 31.35 ($0.39). Futura Medical shares last traded at GBX 32.25 ($0.40), with a volume of 184,629 shares changing hands.

Futura Medical Price Performance

The firm has a market capitalization of £94.95 million, a P/E ratio of -3,140.00 and a beta of 1.25. The firm’s 50 day moving average is GBX 34.44 and its two-hundred day moving average is GBX 35.15.

Futura Medical Company Profile

(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.

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