genedrive (LON:GDR) Shares Down 1.2% – Here’s What Happened

genedrive plc (LON:GDR)’s share price traded down 1.2% during mid-day trading on Monday . The company traded as low as GBX 0.85 and last traded at GBX 0.89. 1,822,853 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 2,722,489 shares. The stock had previously closed at GBX 0.90.

genedrive Trading Down 2.1%

The company has a debt-to-equity ratio of 0.35, a current ratio of 4.60 and a quick ratio of 5.52. The firm’s 50 day moving average price is GBX 0.92 and its 200 day moving average price is GBX 0.83. The stock has a market capitalization of £11.84 million, a P/E ratio of -1.28 and a beta of -0.04.

About genedrive

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. Based in the UK, the Company is at the forefront of Point of Care pharmacogenetic testing in emergency healthcare.