Talis Biomedical (NASDAQ:TLIS) Shares Up 77.5% – What’s Next?

Talis Biomedical Co. (NASDAQ:TLISGet Free Report)’s stock price traded up 77.5% during trading on Thursday . The company traded as high as $2.84 and last traded at $2.84. 59,306 shares traded hands during mid-day trading, an increase of 2,761% from the average session volume of 2,073 shares. The stock had previously closed at $1.60.

Talis Biomedical Price Performance

The stock has a market capitalization of $5.18 million, a PE ratio of -0.10 and a beta of 1.32. The company has a 50-day moving average of $1.65 and a two-hundred day moving average of $1.53.

About Talis Biomedical

(Get Free Report)

Talis Biomedical Corp is a molecular diagnostics company that develops point-of-care testing solutions for infectious diseases. The company’s technology leverages sample-to-answer automation to deliver rapid, lab-quality results outside of traditional laboratory settings. Talis Biomedical focuses on simplifying complex molecular assays to enable broader access in clinical laboratories, urgent care facilities and other decentralized testing environments.

The company’s flagship Talis One platform integrates proprietary reagents, single-use test cartridges and a compact analyzer to automate the workflow from extracted sample to result.

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