Futura Medical (LON:FUM) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Shares of Futura Medical plc (LON:FUM) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 3.98 and traded as low as GBX 1.21. Futura Medical shares last traded at GBX 1.31, with a volume of 600,123 shares traded.

Futura Medical Trading Down 1.4%

The company has a market cap of £7.59 million, a P/E ratio of -0.63 and a beta of 1.25. The firm’s 50 day moving average price is GBX 1.24 and its 200-day moving average price is GBX 3.98.

Futura Medical Company Profile

Futura Medical plc (AIM: FUM) is the developer of innovative sexual health products, including lead product Eroxon® and products WSD4000 and Eroxon® Intense. Our core strength lies in our research, development and commercialisation of topically delivered gel formulations in sexual health products.

Sexual health issues are prevalent in both men and women. ED impacts 1 in 5 men globally across all adult age brackets, with approximately half of all men over 40 experiencing ED and 25% of all new diagnoses being in men under 40.