Insider Buying: genedrive (LON:GDR) Insider Acquires £7,000 in Stock

genedrive plc (LON:GDR) insider Gino Miele acquired 700,000 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were purchased at an average cost of GBX 1 per share, with a total value of £7,000.

genedrive Trading Up 5.5%

Shares of LON:GDR opened at GBX 1.45 on Friday. The company has a market cap of £23.28 million, a P/E ratio of -1.83 and a beta of 0.99. The stock’s 50-day moving average is GBX 1.21 and its 200-day moving average is GBX 1.13. The company has a debt-to-equity ratio of -120.48, a quick ratio of 5.52 and a current ratio of 0.99. genedrive plc has a 52-week low of GBX 0.19 and a 52-week high of GBX 1.55.

About genedrive

genedrive 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.