Trxade Group (OTCMKTS:TRXD) Stock Price Passes Above 50 Day Moving Average of $6.02

Shares of Trxade Group Inc (OTCMKTS:TRXD) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.02 and traded as high as $7.41. Trxade Group shares last traded at $7.06, with a volume of 32,111 shares.

The stock has a market cap of $265.24 million, a PE ratio of -676.00 and a beta of 1.35. The stock has a 50-day moving average price of $6.02 and a two-hundred day moving average price of $4.37. The company has a debt-to-equity ratio of 0.26, a current ratio of 4.51 and a quick ratio of 4.45.

About Trxade Group (OTCMKTS:TRXD)

Trxade Group, Inc owns and operates a business-to-business Web-based marketplace focused on the United States pharmaceutical industry. The company offers Web based market platform that enables trade among healthcare buyers and sellers of pharmaceuticals, accessories, and services. Its principal products and services include Trxade.com and InventoryRx.com, which are Web-based pharmaceutical marketplaces; Pharmabayonline that provides access to proprietary pharmaceutical data analytics to the United States-based independent pharmacies, pharmaceutical shortage databases, proposed governmental reimbursement benchmarks comparison and analysis, and a proprietary suggested national retail drug benchmark; and RxGuru, a service-based desktop software application, which provides daily drug pricing and analytics to the independent pharmacists.

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