ValiRx (LON:VAL) Stock Price Up 24.8% – Should You Buy?

Shares of ValiRx plc (LON:VALGet Free Report) were up 24.8% during trading on Tuesday . The company traded as high as GBX 0.80 ($0.01) and last traded at GBX 0.78 ($0.01). Approximately 6,398,107 shares were traded during mid-day trading, an increase of 353% from the average daily volume of 1,411,171 shares. The stock had previously closed at GBX 0.63 ($0.01).

ValiRx Price Performance

The company has a quick ratio of 1.27, a current ratio of 6.65 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of Ā£1.05 million, a price-to-earnings ratio of -39.65 and a beta of 0.59. The business’s 50 day simple moving average is GBX 1.29 and its 200-day simple moving average is GBX 1.90.

ValiRx Company Profile

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ValiRx plc, a biopharmaceutical company, engages in the development of oncology therapeutics and companion diagnostics in the United Kingdom. The company's lead drug candidates include VAL201, a short peptide that has completed Phase I/II trials for the treatment of prostate cancer; and VAL401, a reformulation of anti-psychotic drug risperidone, which has completed Phase II clinical trial for the treatment of end-stage non-small cell lung cancer.

Further Reading

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