Futura Medical (FUM) Shares Down 14.5%

Futura Medical (FUM)  Shares Down 14.5%

Futura Medical plc. (LON:FUM) shares traded down 14.5% on Wednesday . The company traded as low as GBX 23.05 ($0.30) and last traded at GBX 23.50 ($0.31). 1,665,136 shares traded hands during mid-day trading, an increase of 301% from the average session volume of 415,619 shares. The stock had previously closed at GBX 27.50 ($0.36).

The stock has a market capitalization of $53.11 million and a price-to-earnings ratio of -5.88.

Futura Medical Company Profile (LON:FUM)

Futura Medical plc develops pharmaceutical drugs and medical devices for the consumer healthcare markets focusing on sexual healthcare and pain relief management. The company offers CSD500, a condom that incorporates an erectogenic gel to help men maintain a firmer erection during intercourse whilst wearing a condom.

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