genedrive (LON:GDR) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

genedrive plc (LON:GDR)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2.40 ($0.03) and traded as low as GBX 2.06 ($0.03). genedrive shares last traded at GBX 2.13 ($0.03), with a volume of 2,839,820 shares.

genedrive Trading Up 1.2 %

The firm’s 50 day simple moving average is GBX 2.31 and its two-hundred day simple moving average is GBX 2.40. The stock has a market capitalization of £11.68 million, a P/E ratio of -53.13 and a beta of -0.04. The company has a quick ratio of 5.52, a current ratio of 1.63 and a debt-to-equity ratio of 8.57.

genedrive Company Profile

genedrive plc, a molecular diagnostics company, engages in developing and commercializing point of need diagnostics platform for infectious diseases, genotyping, pathogen detection, and other indications. The company provides Genedrive system, a rapid thermocycler and signal detection system and semi- automated system used forqualitative in vitro molecular diagnostic tests; and Genedrive CYP2C19 ID Kit, a point-of-care test for rapid CYP2C19 genotyping in time-critical emergency care settings.