genedrive (LON:GDR) Stock Price Down 11.2% – Here’s What Happened

genedrive plc (LON:GDRGet Free Report)’s share price was down 11.2% during mid-day trading on Monday . The company traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.53 ($0.01). Approximately 9,043,583 shares changed hands during trading, a decline of 52% from the average daily volume of 18,940,135 shares. The stock had previously closed at GBX 0.60 ($0.01).

genedrive Stock Up 4.4%

The firm has a market cap of £5.35 million, a price-to-earnings ratio of -0.24 and a beta of -0.04. The company has a debt-to-equity ratio of 0.35, a quick ratio of 5.52 and a current ratio of 4.60. The business’s 50-day moving average is GBX 0.51 and its 200-day moving average is GBX 1.09.

About genedrive

(Get Free Report)

ggenedrive plc is a pharmacogenetic testing company developing and commercialising a low cost, rapid, versatile and simple to use point of need pharmacogenetic platform for the diagnosis of genetic variants. This helps clinicians to quickly access key genetic information that will aid them make the right choices over the right medicine or dosage to use for an effective treatment, particularly important in time-critical emergency care healthcare paradigms.

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