genedrive (LON:GDR) Trading Down 7.3% – What’s Next?

Shares of genedrive plc (LON:GDRGet Free Report) traded down 7.3% during mid-day trading on Monday . The company traded as low as GBX 1.85 ($0.02) and last traded at GBX 1.94 ($0.02). 18,056,340 shares were traded during trading, an increase of 33% from the average session volume of 13,605,735 shares. The stock had previously closed at GBX 2.09 ($0.03).

genedrive Stock Performance

The stock’s 50-day moving average price is GBX 2.28 and its 200-day moving average price is GBX 2.38. 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 company has a market capitalization of £10.86 million, a price-to-earnings ratio of -51.25 and a beta of -0.04.

genedrive Company Profile

(Get Free Report)

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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