Futura Medical plc. (LON:FUM) traded up 27.7% on Wednesday . The company traded as high as GBX 10.38 ($0.14) and last traded at GBX 10.15 ($0.13). 4,892,982 shares traded hands during mid-day trading, an increase of 1,077% from the average session volume of 415,619 shares. The stock had previously closed at GBX 7.95 ($0.10).
In related news, insider Jonathan David Freeman purchased 7,478 shares of the stock in a transaction dated Tuesday, November 13th. The shares were acquired at an average cost of GBX 7 ($0.09) per share, with a total value of £523.46 ($683.99).
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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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