C4X Discovery (LON:C4XD) Stock Passes Below 50-Day Moving Average – What’s Next?

by · The Markets Daily

C4X Discovery Holdings plc (LON:C4XD – Get Free Report)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 12 ($0.16) and traded as low as GBX 8.30 ($0.11). C4X Discovery shares last traded at GBX 12 ($0.16), with a volume of 3,770,459 shares trading hands.

C4X Discovery Stock Performance

The company has a debt-to-equity ratio of 1.05, a current ratio of 15.31 and a quick ratio of 9.82. The stock has a 50 day moving average of GBX 12 and a 200 day moving average of GBX 11.71. The firm has a market cap of £30.27 million, a P/E ratio of 300.00 and a beta of 0.23.

About C4X Discovery

(Get Free Report)

C4X Discovery Holdings plc operates as drug discovery company in the United Kingdom. The company provides Taxonomy3, a novel in silico platform technology that utilizes proprietary mathematical algorithms to perform complex multivariate analysis of genetic data; Conformetrix, a technology platform which allows 3D-shapes of free drug molecules to be measured from experimental data, giving medicinal chemists new and unprecedented insights into the behavior and physical properties of drug molecules; and 4Sight for visualizing 4D molecules in virtual reality research scientists to view, understand and interrogate the complex, multidimensional molecular shape data of drug molecules.

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