Faron Pharmaceuticals Oy (
LON:FARN -
Get Free Report)'s share price traded down 11.6% on Wednesday . The company traded as low as GBX 46 and last traded at GBX 47.29. 264,198 shares were traded during trading, an increase of 41% from the average session volume of 187,918 shares. The stock had previously closed at GBX 53.50.
Faron Pharmaceuticals Oy Stock Performance
The stock has a fifty day moving average of GBX 125.07 and a 200-day moving average of GBX 164.88. The company has a quick ratio of 1.09, a current ratio of 0.84 and a debt-to-equity ratio of -133.35. The stock has a market capitalization of £54.42 million, a PE ratio of -1.74 and a beta of 1.60.
Insider Activity at Faron Pharmaceuticals Oy
In other Faron Pharmaceuticals Oy news, insider Jurriaan Dekkers sold 4,000 shares of Faron Pharmaceuticals Oy stock in a transaction dated Monday, January 12th. The stock was sold at an average price of GBX 182, for a total transaction of £7,280. Insiders own 3.94% of the company's stock.
Faron Pharmaceuticals Oy Company Profile
(
Get Free Report)
Faron (AIM: FARN, First North: FARON) is a clinical stage biopharmaceutical company developing novel treatments for medical conditions with significant unmet needs. The Company currently has a pipeline based on the receptors involved in regulation of immune response in oncology and organ damage. Clevegen (bexmarilimab), its investigative precision immunotherapy, is a novel anti-Clever-1 antibody with the ability to switch immune suppression to immune activation in various conditions, with potential across oncology, infectious disease and vaccine development.
Further Reading
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