ReNeuron Group (LON:RENE) Stock Crosses Below Fifty Day Moving Average – Here’s Why

ReNeuron Group plc (LON:RENEGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 3.38 ($0.04) and traded as low as GBX 3.28 ($0.04). ReNeuron Group shares last traded at GBX 3.38 ($0.04), with a volume of 177,373 shares.

ReNeuron Group Price Performance

The company has a current ratio of 1.51, a quick ratio of 2.02 and a debt-to-equity ratio of 14.25. The stock has a fifty day simple moving average of GBX 3.38 and a two-hundred day simple moving average of GBX 3.38. The company has a market cap of £1.93 million, a PE ratio of -37.50 and a beta of 0.83.

About ReNeuron Group

(Get Free Report)

ReNeuron Group plc researches, develops, and commercializes cell-based therapies in the United Kingdom. The company engages in the development of CTX stem cell therapy candidate for treating stroke disability; and human retinal progenitor cell therapy that is in Phase 2 clinical trial for treating retinitis pigmentosa, a blindness-causing disease.

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