Faron Pharmaceuticals Oy (LON:FARN – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Friday. The stock traded as low as GBX 34 and last traded at GBX 34.25, with a volume of 49,095 shares. The stock had previously closed at GBX 36.
Faron Pharmaceuticals Oy Trading Down 4.9%
The business’s 50-day moving average price is GBX 37.53 and its two-hundred day moving average price is GBX 41.15. 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 cap of £69.49 million, a price-to-earnings ratio of -2.97 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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