genedrive (LON:GDR) Shares Down 13.3%

genedrive plc (LON:GDR)’s share price was down 13.3% on Wednesday . The company traded as low as GBX 3.53 ($0.04) and last traded at GBX 3.88 ($0.05). Approximately 4,274,023 shares traded hands during mid-day trading, an increase of 48% from the average daily volume of 2,883,547 shares. The stock had previously closed at GBX 4.47 ($0.06).

genedrive Stock Performance

The company has a market capitalization of £4.88 million, a price-to-earnings ratio of -79.00 and a beta of 0.13. The company has a debt-to-equity ratio of 8.57, a current ratio of 1.63 and a quick ratio of 5.52. The stock has a 50 day simple moving average of GBX 4.83 and a two-hundred day simple moving average of GBX 6.42.

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.