Renalytix (LON:RENX) Shares Up 0.7% – Time to Buy?

Renalytix Plc (LON:RENX – Get Free Report)’s stock price shot up 0.7% on Tuesday. The company traded as high as GBX 6.30 and last traded at GBX 6.19. 1,651,882 shares traded hands during trading, an increase of 52% from the average session volume of 1,085,369 shares. The stock had previously closed at GBX 6.15.

Renalytix Price Performance

The company’s fifty day moving average price is GBX 4.40 and its 200 day moving average price is GBX 2.91. The company has a debt-to-equity ratio of -483.33, a quick ratio of 2.42 and a current ratio of 1.57. The firm has a market capitalization of £27.05 million, a price-to-earnings ratio of -1.55 and a beta of 1.81.

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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