genedrive (LON:GDR) Stock Price Down 6.1% – Here’s Why

Shares of genedrive plc (LON:GDRGet Free Report) fell 6.1% during trading on Monday . The stock traded as low as GBX 0.95 and last traded at GBX 0.98. 17,727,824 shares changed hands during trading, a decline of 13% from the average session volume of 20,385,285 shares. The stock had previously closed at GBX 1.04.

genedrive Price Performance

The stock has a market capitalization of £10.04 million, a PE ratio of -0.45 and a beta of -0.04. The firm’s 50 day simple moving average is GBX 0.49 and its 200 day simple moving average is GBX 1.04. The company has a debt-to-equity ratio of 0.35, a current ratio of 4.60 and a quick ratio of 5.52.

genedrive Company Profile

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ggenedrive plc is a pharmacogenetic testing company developing and commercialising a low cost, rapid, versatile and simple to use point of need pharmacogenetic platform for the diagnosis of genetic variants. This helps clinicians to quickly access key genetic information that will aid them make the right choices over the right medicine or dosage to use for an effective treatment, particularly important in time-critical emergency care healthcare paradigms.

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