Rapid Micro Biosystems (NASDAQ:RPID) Upgraded by KeyCorp to Strong-Buy Rating

Rapid Micro Biosystems (NASDAQ:RPID) was upgraded by investment analysts at KeyCorp to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

Rapid Micro Biosystems Price Performance

Shares of Rapid Micro Biosystems stock opened at $3.26 on Tuesday. Rapid Micro Biosystems has a one year low of $0.58 and a one year high of $3.30. The business’s 50 day simple moving average is $1.40 and its two-hundred day simple moving average is $1.09. The stock has a market capitalization of $140.28 million, a P/E ratio of -2.91 and a beta of 1.26.

Rapid Micro Biosystems Company Profile

Rapid Micro Biosystems, Inc, a life sciences technology company, provides products for the detection of microbial contamination in the manufacture of pharmaceutical, medical devices, and personal care products in the United States, Germany, Switzerland, Japan, and internationally. The company offers Growth Direct platform, which includes Growth Direct system, proprietary consumables, lab information management system connection software, and customer support and validation services.