Rapid Micro Biosystems (NASDAQ:RPID) Upgraded at KeyCorp

KeyCorp upgraded shares of Rapid Micro Biosystems (NASDAQ:RPIDFree Report) to a strong-buy rating in a research report released on Tuesday,Zacks.com reports.

Rapid Micro Biosystems Stock Up 21.6 %

RPID opened at $3.26 on Tuesday. Rapid Micro Biosystems has a twelve month low of $0.58 and a twelve month high of $3.30. The company’s 50-day moving average price is $1.40 and its two-hundred day moving average price is $1.09. The stock has a market cap of $140.28 million, a price-to-earnings ratio of -2.91 and a beta of 1.26.

About Rapid Micro Biosystems

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Rapid Micro Biosystems, Inc, a life sciences technology company, provides products for the detection of microbial contamination in the manufacture of pharmaceutical, medical devices, and personal care products in the United States, Germany, Switzerland, Japan, and internationally. The company offers Growth Direct platform, which includes Growth Direct system, proprietary consumables, lab information management system connection software, and customer support and validation services.

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