Harmesh Suniara Sells 4,441,678 Shares of Futura Medical (LON:FUM) Stock

Key Points

  • Insider sale: Harmesh Suniara sold 4,441,678 shares of Futura Medical on Nov 13 at an average price of GBX 2, generating £88,833.56 in proceeds.
  • Shares opened at GBX 1.32 with a market cap of £4.0 million and a 1‑year range of GBX 1.25–35.20; the 50‑day and 200‑day simple moving averages are GBX 3.87 and GBX 7.58, respectively, signalling a prolonged downtrend.
  • Weak recent financials: Futura reported GBX (2.17) EPS for the quarter with a negative net margin (‑44.64%) and negative ROE (‑56.44%), though analysts' consensus forecasts EPS of 2.8486672 for the current fiscal year.

Futura Medical plc (LON:FUM - Get Free Report) insider Harmesh Suniara sold 4,441,678 shares of Futura Medical stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of GBX 2, for a total value of £88,833.56.

Futura Medical Price Performance

Shares of FUM stock opened at GBX 1.32 on Tuesday. The firm has a market cap of £4.00 million, a P/E ratio of -0.63 and a beta of 1.25. Futura Medical plc has a 1-year low of GBX 1.25 and a 1-year high of GBX 35.20. The firm's 50-day simple moving average is GBX 3.87 and its 200-day simple moving average is GBX 7.58.

Futura Medical (LON:FUM - Get Free Report) last released its earnings results on Tuesday, September 30th. The company reported GBX (2.17) earnings per share (EPS) for the quarter. Futura Medical had a negative net margin of 44.64% and a negative return on equity of 56.44%. Analysts expect that Futura Medical plc will post 2.8486672 earnings per share for the current fiscal year.

Futura Medical Company Profile

(Get Free Report)

Futura Medical plc (AIM: FUM) is the developer of innovative sexual health products, including lead product Eroxon® and products WSD4000 and Eroxon® Intense. Our core strength lies in our research, development and commercialisation of topically delivered gel formulations in sexual health products. Sexual health issues are prevalent in both men and women.

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