genedrive (LON:GDR) Trading 10.6% Higher – Should You Buy?

Shares of genedrive plc (LON:GDRGet Free Report) were up 10.6% during trading on Tuesday . The stock traded as high as GBX 2.05 ($0.03) and last traded at GBX 2.02 ($0.03). Approximately 4,564,260 shares changed hands during trading, a decline of 66% from the average daily volume of 13,570,888 shares. The stock had previously closed at GBX 1.83 ($0.02).

genedrive Stock Up 14.2 %

The firm has a market capitalization of £11.35 million, a P/E ratio of -45.75 and a beta of -0.04. 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 firm’s 50-day moving average is GBX 2.28 and its 200 day moving average is GBX 2.38.

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.

Read More

Receive News & Ratings for genedrive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for genedrive and related companies with MarketBeat.com's FREE daily email newsletter.