N4 Pharma (LON:N4P) Stock Price Up 24.4% – Here’s Why

Shares of N4 Pharma Plc (LON:N4P) were up 24.4% on Monday . The company traded as high as GBX 0.70 ($0.01) and last traded at GBX 0.56 ($0.01). Approximately 18,130,396 shares were traded during mid-day trading, an increase of 816% from the average daily volume of 1,978,997 shares. The stock had previously closed at GBX 0.45 ($0.01).

N4 Pharma Stock Performance

The stock has a market capitalization of £4.66 million, a P/E ratio of -180.65 and a beta of -0.37. The stock has a 50-day moving average price of GBX 0.43 and a two-hundred day moving average price of GBX 0.46.

N4 Pharma (LON:N4P) last issued its quarterly earnings data on Monday, June 9th. The company reported GBX (0.31) earnings per share for the quarter. N4 Pharma had a negative return on equity of 90.68% and a negative net margin of 18,399.86%.

About N4 Pharma

N4 Pharma is a biotech company developing Nuvec®, its proprietary gene delivery system, to enable advanced therapies for cancer and other diseases.

RNA therapeutics are set to impact the treatment of a wide range of diseases and Nuvec® has several key advantages for RNA gene delivery including the ability to deliver multiple RNA therapies in a single particle, ease of manufacturing, protection of the RNA payload to allow for oral delivery, no unwanted immune response and excellent stability and storage.

N4 Pharma is building out its preclinical data set and working towards first-in-human clinical data to support significant licensing deals for its Nuvec® platform with gene therapy partners.

N4 Pharma’s lead programme, N4 101, is an oral anti-inflammatory product for inflammatory bowel disease (IBD) which serves as a proof-of-concept programme showcasing all the benefits of the Nuvec® platform.