genedrive (LON:GDR) Shares Up 15.6% – Here’s Why

genedrive plc (LON:GDRGet Free Report)’s stock price was up 15.6% during mid-day trading on Tuesday . The stock traded as high as GBX 1.22 and last traded at GBX 1.16. Approximately 13,008,386 shares traded hands during mid-day trading, an increase of 114% from the average daily volume of 6,068,642 shares. The stock had previously closed at GBX 1.

genedrive Stock Up 15.6%

The company has a market capitalization of £18.56 million, a PE ratio of -1.46 and a beta of 0.99. The firm’s 50-day simple moving average is GBX 1.21 and its 200 day simple moving average is GBX 1.09. The company has a debt-to-equity ratio of -120.48, a quick ratio of 5.52 and a current ratio of 0.99.

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

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