genedrive (LON:GDR) Trading 8.4% Higher – Here’s Why

genedrive plc (LON:GDRGet Free Report)’s stock price shot up 8.4% during mid-day trading on Monday . The company traded as high as GBX 0.80 and last traded at GBX 0.80. 5,946,840 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 20,072,496 shares. The stock had previously closed at GBX 0.74.

genedrive Stock Up 6.8%

The firm has a fifty day simple moving average of GBX 0.56 and a 200 day simple moving average of GBX 0.98. The company has a debt-to-equity ratio of 0.35, a quick ratio of 5.52 and a current ratio of 4.60. The company has a market cap of £10.50 million, a PE ratio of -0.47 and a beta of -0.04.

About genedrive

(Get Free Report)

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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