Futura Medical (LON:FUM) Shares Up 1.4% – Time to Buy?

Futura Medical plc (LON:FUM)’s share price shot up 1.4% during mid-day trading on Tuesday . The stock traded as high as GBX 0.25 and last traded at GBX 0.21. Approximately 162,214,766 shares were traded during trading, an increase of 1,507% from the average session volume of 10,092,442 shares. The stock had previously closed at GBX 0.21.

Futura Medical Stock Performance

The stock’s 50 day moving average price is GBX 0.39 and its 200 day moving average price is GBX 0.75. The company has a market capitalization of £1.11 million, a P/E ratio of -0.24 and a beta of 0.02.

Futura Medical (LON:FUM) last posted its quarterly earnings data on Tuesday, September 1st. The company reported GBX (0.20) earnings per share for the quarter. Futura Medical had a negative return on equity of 152.42% and a negative net margin of 158.21%. On average, analysts expect that Futura Medical plc will post 2.8486672 earnings per share for the current fiscal year.

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.