ValiRx (LON:VAL) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

by · The Cerbat Gem

ValiRx plc (LON:VALGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1.75 ($0.02) and traded as low as GBX 0.76 ($0.01). ValiRx shares last traded at GBX 0.80 ($0.01), with a volume of 36,173,836 shares changing hands.

ValiRx Stock Performance

The firm has a market cap of £1.22 million, a price-to-earnings ratio of -46.25 and a beta of 0.59. The company has a current ratio of 6.65, a quick ratio of 1.27 and a debt-to-equity ratio of 0.49. The stock has a fifty day moving average price of GBX 1.08 and a 200 day moving average price of GBX 1.74.

ValiRx Company Profile

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ValiRx accelerates the development of treatments in cancer and women’s health to improve patient lives. We provide the scientific, financial and commercial framework to enable the rapid translation of innovative science into clinical development.

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