genedrive (LON:GDR) Trading 14.3% Higher – Here’s Why

genedrive plc (LON:GDRGet Free Report) shot up 14.3% during trading on Thursday . The stock traded as high as GBX 1.20 and last traded at GBX 1.20. Approximately 2,583,513 shares traded hands during trading, a decline of 58% from the average daily volume of 6,164,894 shares. The stock had previously closed at GBX 1.05.

genedrive Price Performance

The firm has a market capitalization of £19.27 million, a price-to-earnings ratio of -1.52 and a beta of 1.02. The stock’s fifty day moving average price is GBX 1.21 and its two-hundred day moving average price is GBX 1.08. The company has a current ratio of 0.99, a quick ratio of 5.52 and a debt-to-equity ratio of -120.48.

genedrive Company Profile

(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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