Renalytix (LON:RENX) Stock Price Down 4.2% – Should You Sell?

Renalytix Plc (LON:RENXGet Free Report) was down 4.2% during mid-day trading on Friday . The company traded as low as GBX 1.60 and last traded at GBX 1.73. Approximately 177,778 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 986,129 shares. The stock had previously closed at GBX 1.80.

Renalytix Stock Performance

The firm has a market cap of £7.54 million, a PE ratio of -0.43 and a beta of 1.97. The company has a current ratio of 1.21, a quick ratio of 2.42 and a debt-to-equity ratio of -118.57. The firm’s 50 day simple moving average is GBX 2.23 and its 200 day simple moving average is GBX 4.68.

About Renalytix

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Renalytix (LSE: RENX) (NASDAQ: RNLX) is a developer of artificial intelligence-enabled clinical in vitro diagnostic solutions for kidney disease, one of the most common and costly chronic medical conditions globally. The Company’s lead product is KidneyIntelX, which has been granted Breakthrough Designation by the U.S. Food and Drug Administration and which is being designed to help make significant improvements in kidney disease prognosis, transplant management, clinical care, patient stratification for drug clinical trials, and drug target discovery (visit www.kidneyintelx.com).

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