ValiRx (LON:VAL) Stock Price Passes Above 50-Day Moving Average of $12.97

ValiRx plc (LON:VALGet Rating)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 12.97 ($0.16) and traded as high as GBX 17.34 ($0.21). ValiRx shares last traded at GBX 17.25 ($0.21), with a volume of 1,388,393 shares traded.

ValiRx Stock Performance

The firm has a fifty day simple moving average of GBX 12.97 and a 200-day simple moving average of GBX 19.89. The stock has a market cap of £15.56 million and a price-to-earnings ratio of -7.50. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.77.

About ValiRx

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ValiRx plc, a biopharmaceutical company, engages in the development of oncology therapeutics and companion diagnostics in the United Kingdom. The company's lead drug candidates include VAL201, a small molecule that has completed Phase I/II trials for the treatment of prostate cancer and other hormone associated solid tumours comprising breast and ovarian cancer; and VAL401, a reformulation of anti-psychotic drug risperidone, which has completed Phase II clinical trial for the treatment of non-small cell lung cancer.

Further Reading

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