genedrive (LON:GDR) Shares Up 9.9%

genedrive plc (LON:GDR) shares traded up 9.9% during mid-day trading on Tuesday . The stock traded as high as GBX 2.45 ($0.03) and last traded at GBX 2.45 ($0.03). 10,326,631 shares were traded during mid-day trading, a decline of 31% from the average session volume of 15,053,750 shares. The stock had previously closed at GBX 2.23 ($0.03).

genedrive Stock Down 4.0 %

The stock has a market cap of £12.25 million, a price-to-earnings ratio of -57.13 and a beta of 0.06. The company has a debt-to-equity ratio of 8.57, a quick ratio of 5.52 and a current ratio of 1.63. The firm’s 50-day simple moving average is GBX 2.97 and its two-hundred day simple moving average is GBX 3.41.

Insider Buying and Selling at genedrive

In other genedrive news, insider Ian David Gilham bought 1,000,000 shares of the stock in a transaction on Wednesday, August 14th. The stock was purchased at an average price of GBX 3 ($0.04) per share, with a total value of £30,000 ($39,447.73). Corporate insiders own 14.78% of the company’s stock.

About genedrive

genedrive plc, a molecular diagnostics company, engages in developing and commercializing point of need diagnostics platform for infectious diseases, genotyping, pathogen detection, and other indications. The company provides Genedrive system, a rapid thermocycler and signal detection system and semi- automated system used forqualitative in vitro molecular diagnostic tests; and Genedrive CYP2C19 ID Kit, a point-of-care test for rapid CYP2C19 genotyping in time-critical emergency care settings.