Futura Medical (LON:FUM) Stock Price Up 5% – What’s Next?

Futura Medical plc (LON:FUM) shares shot up 5% during mid-day trading on Friday . The company traded as high as GBX 0.50 and last traded at GBX 0.44. 2,716,760 shares were traded during trading, a decline of 71% from the average session volume of 9,240,644 shares. The stock had previously closed at GBX 0.42.

Futura Medical Price Performance

The firm’s 50-day moving average price is GBX 0.45 and its 200-day moving average price is GBX 0.84. The stock has a market cap of £2.56 million, a P/E ratio of -0.16 and a beta of 0.02.

About Futura Medical

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.