Biodexa Pharmaceuticals (LON:MTPH) Share Price Crosses Above 50-Day Moving Average of $18.00

Biodexa Pharmaceuticals Plc (LON:MTPHGet Free Report)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 18 ($0.23) and traded as high as GBX 20 ($0.26). Biodexa Pharmaceuticals shares last traded at GBX 18 ($0.23), with a volume of 73,672 shares changing hands.

Biodexa Pharmaceuticals Trading Up 1,794.7 %

The company has a quick ratio of 5.28, a current ratio of 5.28 and a debt-to-equity ratio of 9.52. The business has a fifty day moving average price of GBX 18 and a 200 day moving average price of GBX 18. The company has a market capitalization of £31.20 million, a P/E ratio of -21.95 and a beta of 1.22.

About Biodexa Pharmaceuticals

(Get Free Report)

Midatech Pharma plc, a drug delivery technology company, focuses on the research and development of medicines in the United Kingdom, rest of Europe, and internationally. The company is developing MTX110, a direct delivery treatment for diffuse intrinsic pontine glioma, medulloblastomas, and glioblastoma multiforme; MTX114, an immuno-suppressant for topical application in psoriasis; MTD211, a long-acting formulation of brexpiprazole for the treatment of schizophrenia and adjunctive treatment of major depressive disorder; and MTD219, a long-acting formulation of tacrolimus used to lower the risk of organ transplant rejection.

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