Medigene (ETR:MDG1) Trading Down 1.7% – Should You Sell?

Medigene AG (ETR:MDG1Get Free Report) was down 1.7% on Friday . The stock traded as low as €1.59 ($1.68) and last traded at €1.66 ($1.75). Approximately 5,019 shares traded hands during trading, a decline of 98% from the average daily volume of 306,207 shares. The stock had previously closed at €1.69 ($1.78).

Medigene Price Performance

The company has a debt-to-equity ratio of 12.94, a current ratio of 2.39 and a quick ratio of 5.85. The firm’s 50-day moving average is €1.89 and its two-hundred day moving average is €1.49. The company has a market cap of $24.50 million, a P/E ratio of -1.37, a PEG ratio of 7.12 and a beta of 0.84.

Medigene Company Profile

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Medigene AG, a biotechnology company, focuses on the discovery and development of T-cell therapies for the treatment of cancer. The company's end-to-end platform enables the development of T cell receptor engineered T cell (TCR-T) therapies for multiple tumor indications. Its pipeline includes MDG1015, a TCR-T therapy product to treat multiple solid tumor indications; MDG10xx to treat multiple solid tumor; and MDG1011, a TCR-T immunotherapy candidate, which is in clinical development to treat blood cancer.

Further Reading

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