Falanx Group (LON:FLX) Shares Down 8.7% – What’s Next?

Falanx Group Limited (LON:FLX)’s share price dropped 8.7% during trading on Thursday . The company traded as low as GBX 0.52 ($0.01) and last traded at GBX 0.53 ($0.01). Approximately 3,225,000 shares changed hands during mid-day trading, an increase of 110% from the average daily volume of 1,536,552 shares. The stock had previously closed at GBX 0.58 ($0.01).

Falanx Group Price Performance

The firm has a market capitalization of £2.76 million and a P/E ratio of -0.88. The company has a debt-to-equity ratio of 88.00, a current ratio of 1.82 and a quick ratio of 1.82. The company has a fifty day moving average of GBX 0.52 and a 200 day moving average of GBX 0.53.

About Falanx Group

Falanx Group Limited, through its subsidiaries, provides offensive and defensive cyber security services in the United Kingdom, Europe, the Americas, the Middle East, and Africa. The company offers penetration testing, ethical phishing, red teaming security testing, cyber exposure level scores, and continuous vulnerability scanning; managed detection and response, managed endpoint detection and response, and retained incident response services; and cybersecurity awareness training, cyber essentials certification, cyber threat and risk assessments, and cyber advice and guidance services.