genedrive plc (LON:GDR – Get Free Report) shares dropped 7.7% during trading on Thursday . The company traded as low as GBX 4.25 ($0.05) and last traded at GBX 4.50 ($0.06). Approximately 1,177,724 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 2,859,232 shares. The stock had previously closed at GBX 4.88 ($0.06).
genedrive Stock Performance
The company has a debt-to-equity ratio of 8.57, a quick ratio of 5.52 and a current ratio of 1.63. The business has a 50-day moving average price of GBX 4.85 and a 200 day moving average price of GBX 6.54. The stock has a market capitalization of £6.06 million, a P/E ratio of -87.50 and a beta of 0.13.
About genedrive
genedrive plc, a molecular diagnostics company, engages in developing and commercializing point of need diagnostics platform for infectious diseases, genotyping, pathogen detection, and other indications. The company provides Genedrive system, a rapid thermocycler and signal detection system and semi- automated system used forqualitative in vitro molecular diagnostic tests; and Genedrive CYP2C19 ID Kit, a point-of-care test for rapid CYP2C19 genotyping in time-critical emergency care settings.
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