genedrive (LON:GDR) Trading Up 12.5% – Time to Buy?

genedrive plc (LON:GDR) was up 12.5% during mid-day trading on Tuesday . The company traded as high as GBX 0.90 and last traded at GBX 0.90. Approximately 610,728 shares were traded during trading, a decline of 97% from the average daily volume of 19,215,541 shares. The stock had previously closed at GBX 0.80.

genedrive Trading Up 12.5%

The firm has a market cap of £9.27 million, a P/E ratio of -0.42 and a beta of -0.04. The company has a current ratio of 4.60, a quick ratio of 5.52 and a debt-to-equity ratio of 0.35. The company’s fifty day moving average price is GBX 0.83 and its two-hundred day moving average price is GBX 0.91.

About genedrive

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.