LexaGene (CVE:LXG) Stock Price Down 19.2%

LexaGene Holdings Inc. (CVE:LXGGet Free Report) was down 19.2% on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.11. Approximately 2,135,375 shares were traded during mid-day trading, an increase of 1,156% from the average daily volume of 170,061 shares. The stock had previously closed at C$0.13.

LexaGene Trading Down 19.2 %

The firm has a market cap of C$14.77 million, a price-to-earnings ratio of -1.31 and a beta of 2.26. The company has a quick ratio of 1.13, a current ratio of 1.39 and a debt-to-equity ratio of 138.01. The business has a 50 day moving average price of C$0.11 and a 200-day moving average price of C$0.11.

LexaGene Company Profile

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LexaGene Holdings Inc, a biotechnology company, engages in the research, development, and commercialization of pathogen detection systems. It offers MiQLab, an automated pathogen detection system that aims to transform pathogen detection in veterinary diagnostics, human clinical diagnostics, food and water safety testing, and other life sciences markets.

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