MaxCyte (LON:MXCT) Shares Pass Below 50 Day Moving Average – Should You Sell?

MaxCyte, Inc. (LON:MXCTGet Free Report)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 322.33 ($4.16) and traded as low as GBX 242 ($3.12). MaxCyte shares last traded at GBX 243.10 ($3.14), with a volume of 9,254 shares trading hands.

MaxCyte Stock Performance

The stock’s 50 day moving average price is GBX 320.49 and its 200 day moving average price is GBX 306.95. The company has a debt-to-equity ratio of 8.59, a quick ratio of 14.38 and a current ratio of 9.81. The company has a market capitalization of £337.93 million, a P/E ratio of -9.38 and a beta of 1.13.

MaxCyte Company Profile

(Get Free Report)

MaxCyte is a leading cell-engineering company providing enabling platform technologies to advance the discovery, development and commercialization of next-generation cell-based therapeutics and to support innovative, cell-based research. MaxCyte brings best-in-class technology paired with ongoing support designed to facilitate complex engineering of a wide variety of cells and payloads, with the aim of advancing new treatment options for patients.

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