Renalytix (LON:RENX) Stock Price Up 11.5% – Should You Buy?

Renalytix Plc (LON:RENXGet Free Report)’s share price shot up 11.5% during mid-day trading on Friday . The company traded as high as GBX 2.90 and last traded at GBX 2.90. Approximately 3,599,768 shares traded hands during trading, an increase of 292% from the average daily volume of 917,177 shares. The stock had previously closed at GBX 2.60.

Renalytix Trading Up 11.5%

The company has a quick ratio of 2.42, a current ratio of 1.57 and a debt-to-equity ratio of -483.33. The stock has a market capitalization of £12.67 million, a P/E ratio of -0.72 and a beta of 1.79. The firm’s 50 day simple moving average is GBX 2.01 and its two-hundred day simple moving average is GBX 3.17.

Renalytix Company Profile

(Get Free Report)

Renalytix (LSE: RENX) (NASDAQ: RNLX) is a developer of artificial intelligence-enabled clinical in vitro diagnostic solutions for kidney disease, one of the most common and costly chronic medical conditions globally. The Company’s lead product is KidneyIntelX, which has been granted Breakthrough Designation by the U.S. Food and Drug Administration and which is being designed to help make significant improvements in kidney disease prognosis, transplant management, clinical care, patient stratification for drug clinical trials, and drug target discovery (visit www.kidneyintelx.com).

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