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Futura Medical (LON:FUM) share price is moving below its 200 day moving average of $37.13

Shares of Futura Medical plc (LON:FUM – Get your free report ) dipped below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 37.13 ($0.49) and traded as high as GBX 35.70 ($0.47). Shares of Futura Medical last traded at GBX 35.90 ($0.47), with a volume of 165,192 shares.

Futura Medical stock performance

The firm has a fifty day simple moving average of GBX 35.23 and a 200 day simple moving average of GBX 37.09. The company has a market cap of £108.37 million, a PE ratio of -3,590.00 and a beta of 1.25.

Insiders place their bets

In other Futura Medical news, insider James Henry Barder sold 250,000 shares of the company’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of GBX 41 ($0.54), for a total transaction of GBX 102,500 ($135,402.91). 34.14% of the shares are currently owned by company insiders.

Futura Medical company profile

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Futura Medical plc, a pharmaceutical company, develops pharmaceutical and healthcare products for the consumer healthcare markets, focusing on sexual health and pain management. Its main product is MED3000, a topical gel for the treatment of erectile dysfunction. The company is also developing pain relief products, including TPR100, a topical pain relief gel with diclofenac; CBD100, a topical formulation of cannabidiol; and TIB200, a topical ibuprofen pain relief gel.

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