Shares of Futura Medical plc. (LON:FUM) were down 9.9% during trading on Thursday . The company traded as low as GBX 15 ($0.20) and last traded at GBX 15.50 ($0.20). Approximately 979,143 shares traded hands during mid-day trading, an increase of 136% from the average daily volume of 415,619 shares. The stock had previously closed at GBX 17.20 ($0.22).
In other news, insider John M. Clarke bought 57,250 shares of Futura Medical stock in a transaction dated Friday, January 11th. The stock was bought at an average price of GBX 25 ($0.33) per share, for a total transaction of £14,312.50 ($18,701.82).
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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