N4 Pharma (LON:N4P) Stock Price Up 17.4% – Should You Buy?

Shares of N4 Pharma Plc (LON:N4P) shot up 17.4% on Monday . The stock traded as high as GBX 0.75 and last traded at GBX 0.68. 5,970,043 shares were traded during mid-day trading, an increase of 598% from the average session volume of 855,053 shares. The stock had previously closed at GBX 0.58.

N4 Pharma Trading Up 17.4%

The firm’s 50 day moving average is GBX 0.51 and its two-hundred day moving average is GBX 0.52. The stock has a market cap of £5.62 million, a price-to-earnings ratio of -2.81 and a beta of -0.37.

N4 Pharma Company Profile

N4 Pharma is a biotech company developing Nuvec®, its proprietary gene delivery system, to enable advanced therapies for cancer and other diseases.

RNA therapeutics are set to impact the treatment of a wide range of diseases and Nuvec® has several key advantages for RNA gene delivery including the ability to deliver multiple RNA therapies in a single particle, ease of manufacturing, protection of the RNA payload to allow for oral delivery, no unwanted immune response and excellent stability and storage.

N4 Pharma is building out its preclinical data set and working towards first-in-human clinical data to support significant licensing deals for its Nuvec® platform with gene therapy partners.

N4 Pharma’s lead programme, N4 101, is an oral anti-inflammatory product for inflammatory bowel disease (IBD) which serves as a proof-of-concept programme showcasing all the benefits of the Nuvec® platform.