Renalytix (LON:RENX) Trading Down 3.4% – Here’s What Happened

Renalytix Plc (LON:RENXGet Free Report) was down 3.4% during trading on Wednesday . The company traded as low as GBX 11 ($0.14) and last traded at GBX 11.11 ($0.14). Approximately 181,677 shares traded hands during trading, a decline of 47% from the average daily volume of 344,406 shares. The stock had previously closed at GBX 11.50 ($0.14).

Renalytix Stock Down 3.4 %

The firm has a fifty day simple moving average of GBX 9.49 and a 200-day simple moving average of GBX 10.27. The company has a market capitalization of £18.44 million, a PE ratio of -46.30 and a beta of 2.10. The company has a debt-to-equity ratio of 173.95, a quick ratio of 2.42 and a current ratio of 0.53.

Insider Buying and Selling

In other Renalytix news, insider James Renwick McCullough bought 25,000 shares of the stock in a transaction on Tuesday, December 10th. The stock was purchased at an average price of GBX 9 ($0.11) per share, for a total transaction of £2,250 ($2,769.91). Insiders own 35.74% of the company’s stock.

About Renalytix

(Get Free Report)

Renalytix (LSE: RENX) (NASDAQ: RNLX) is a developer of artificial intelligence-enabled clinical in vitro diagnostic solutions for kidney disease, one of the most common and costly chronic medical conditions globally. The Company’s lead product is KidneyIntelX, which has been granted Breakthrough Designation by the U.S.

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