ValiRx (LON:VAL) Shares Up 14.5% – Here’s What Happened

Shares of ValiRx plc (LON:VALGet Free Report) shot up 14.5% on Tuesday . The stock traded as high as GBX 1.80 ($0.02) and last traded at GBX 1.78 ($0.02). 568,408 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 1,025,416 shares. The stock had previously closed at GBX 1.55 ($0.02).

ValiRx Trading Up 14.8 %

The stock has a market capitalization of £2.36 million, a P/E ratio of -79.75 and a beta of 0.59. The company has a current ratio of 6.65, a quick ratio of 1.27 and a debt-to-equity ratio of 0.49. The company has a 50-day moving average price of GBX 1.62 and a 200 day moving average price of GBX 2.31.

About ValiRx

(Get Free Report)

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.

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