ValiRx (LON:VAL) Share Price Crosses Below 200-Day Moving Average – Here’s Why

by · The Markets Daily

Shares of ValiRx plc (LON:VALGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1.18 ($0.02) and traded as low as GBX 0.59 ($0.01). ValiRx shares last traded at GBX 0.59 ($0.01), with a volume of 438,093 shares traded.

ValiRx Stock Down 4.0 %

The business has a 50-day moving average price of GBX 0.69 and a 200-day moving average price of GBX 1.16. The company has a current ratio of 6.65, a quick ratio of 1.27 and a debt-to-equity ratio of 0.44. The stock has a market cap of £2.19 million, a PE ratio of -0.39 and a beta of 0.59.

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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