N4 Pharma (LON:N4P) Stock Price Up 16.4% – Here’s What Happened

N4 Pharma Plc (LON:N4P)’s share price shot up 16.4% on Wednesday . The company traded as high as GBX 0.75 ($0.01) and last traded at GBX 0.61 ($0.01). 9,648,380 shares traded hands during mid-day trading, an increase of 325% from the average session volume of 2,270,169 shares. The stock had previously closed at GBX 0.53 ($0.01).

N4 Pharma Stock Up 0.8 %

The firm has a market cap of £2.39 million, a P/E ratio of -55.00 and a beta of -0.37. The company has a current ratio of 22.73, a quick ratio of 7.28 and a debt-to-equity ratio of 1.62. The business has a 50-day moving average price of GBX 0.62 and a 200-day moving average price of GBX 0.57.

N4 Pharma Company Profile

N4 Pharma is a specialist pharmaceutical company developing novel delivery systems for oncology, gene therapy and vaccines It has a unique silica nanoparticle delivery system called Nuvec® and another unique peptide.lipid system called Liptide® which it operates through its subsidiary Nanogenics Ltd

N4 Pharma’s business model is to partner with companies developing novel antigens in these fields to use Nuvec® as the delivery vehicle for these antigens.