Shares of Telesis Bio, Inc. (OTCMKTS:TBIO – Get Free Report) crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $0.03 and traded as low as $0.01. Telesis Bio shares last traded at $0.01, with a volume of 100 shares trading hands.
Telesis Bio Price Performance
The business’s fifty day moving average price is $0.01 and its 200-day moving average price is $0.03. The stock has a market capitalization of $18,000.00, a price-to-earnings ratio of -0.00 and a beta of 2.58.
Telesis Bio Company Profile
Telesis Bio, Inc develops automated synthetic biology systems designed to help researchers create and test biological molecules more efficiently. Its technology is intended to streamline the design-build-test process by automating tasks that traditionally require multiple manual laboratory steps.
The company’s primary products include the BioXp automated benchtop platforms and related consumables, software, and application-specific kits. These systems support the on-demand synthesis and assembly of DNA, messenger RNA and other biological constructs for applications such as gene and cell therapy research, vaccine development, protein engineering, diagnostics and synthetic biology.
Telesis Bio was formerly known as Codex DNA and changed its corporate name in 2023.
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