Faron Pharmaceuticals Oy (LON:FARN – Get Free Report)’s stock price hit a new 52-week low on Tuesday. The stock traded as low as GBX 29 and last traded at GBX 30.50, with a volume of 53,958 shares trading hands. The stock had previously closed at GBX 31.50.
Faron Pharmaceuticals Oy Trading Down 3.2%
The firm has a fifty day simple moving average of GBX 35.89 and a two-hundred day simple moving average of GBX 53.80. The company has a debt-to-equity ratio of 154.15, a current ratio of 2.40 and a quick ratio of 1.09. The firm has a market capitalization of £61.88 million, a P/E ratio of -2.65 and a beta of 1.12.
About Faron Pharmaceuticals Oy
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.
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