Futura Medical (LON:FUM) Trading Up 0.3% – Here’s What Happened

Futura Medical plc (LON:FUM)’s stock price shot up 0.3% on Tuesday . The company traded as high as GBX 0.40 and last traded at GBX 0.34. Approximately 5,969,481 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 9,345,972 shares. The stock had previously closed at GBX 0.34.

Futura Medical Stock Up 0.3%

The company’s 50-day moving average is GBX 0.49 and its two-hundred day moving average is GBX 0.89. The company has a market cap of £1.98 million, a P/E ratio of -0.12 and a beta of 0.02.

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.