ValiRx (LON:VAL) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

ValiRx plc (LON:VALGet Free Report)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 0.33 and traded as high as GBX 0.35. ValiRx shares last traded at GBX 0.35, with a volume of 8,881,739 shares.

ValiRx Trading Up 4.5%

The firm has a market cap of £2.60 million, a price-to-earnings ratio of -0.38 and a beta of 0.59. The company has a debt-to-equity ratio of 0.44, a current ratio of 6.65 and a quick ratio of 1.27. The business has a 50-day moving average of GBX 0.33 and a 200-day moving average of GBX 0.50.

ValiRx (LON:VALGet Free Report) last issued its quarterly earnings results on Monday, September 29th. The company reported GBX (0.22) EPS for the quarter. ValiRx had a negative net margin of 20,554.01% and a negative return on equity of 55.84%. Research analysts anticipate that ValiRx plc will post -1.74 EPS for the current year.

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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