ValiRx (LON:VAL) Stock Crosses Below 50 Day Moving Average of $0.19

ValiRx Plc (LON:VAL) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.19 and traded as low as $0.16. ValiRx shares last traded at $0.18, with a volume of 9,314,135 shares trading hands.

The company’s 50 day simple moving average is GBX 0.19. The stock has a market capitalization of $1.74 million and a P/E ratio of -0.19. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 10.35.

About ValiRx (LON:VAL)

ValiRx plc, a biotechnology oncology focused company, engages in developing novel treatments for cancer and associated biomarkers in the United Kingdom. Its proprietary GeneICE technology enables the selective silencing of specific genes by targeted histone deacetylation leading to chromatin condensation.

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