Genedrive’s (GDR) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reiterated their buy rating on shares of Genedrive (LON:GDR) in a research note released on Tuesday morning. They currently have a GBX 152 ($2.10) price target on the stock.

Genedrive (LON:GDR) opened at GBX 38.50 ($0.53) on Tuesday. Genedrive has a 1-year low of GBX 25 ($0.35) and a 1-year high of GBX 44.50 ($0.61). The stock has a market cap of $7.11 and a price-to-earnings ratio of -110.00.

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Genedrive (LON:GDR) last announced its quarterly earnings results on Tuesday, March 20th. The company reported GBX (9) (($0.12)) earnings per share (EPS) for the quarter. Genedrive had a negative net margin of 128.59% and a negative return on equity of 141.44%. The firm had revenue of GBX 263 million for the quarter.

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Genedrive Company Profile

Genedrive Plc, formerly Epistem Holdings Plc, is a holding company engaged in molecular diagnostics business. The Company operates through segments, including Preclinical Research Services, Pharmacogenomics Services and Diagnostics. Its geographical segments include the United Kingdom, Europe, the United States of America and Asia.

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