Tissue Regenix Group (LON:TRX) Share Price Passes Below 200 Day Moving Average – Here’s Why

Tissue Regenix Group plc (LON:TRXGet Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 60.24 ($0.73) and traded as low as GBX 57 ($0.69). Tissue Regenix Group shares last traded at GBX 57.03 ($0.69), with a volume of 4,648 shares traded.

Tissue Regenix Group Price Performance

The stock’s 50 day simple moving average is GBX 58.26 and its 200-day simple moving average is GBX 60.16. The company has a debt-to-equity ratio of 35.69, a quick ratio of 2.36 and a current ratio of 3.74. The firm has a market cap of £40.67 million, a price-to-earnings ratio of -5,709.00 and a beta of 1.61.

About Tissue Regenix Group

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Tissue Regenix is a leading medical device company in regenerative medicine. The Company’s patented decellularisation technology (dCELL®) removes DNA and other cellular material from animal and human soft tissue, leaving an acellular tissue scaffold not rejected by the patient’s body that can be used to repair diseased or damaged body structures.

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