Trxade Group (OTCMKTS:TRXD) Stock Price Crosses Below Fifty Day Moving Average of $1.58

Trxade Group Inc (OTCMKTS:TRXDGet Rating)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1.58 and traded as low as $1.54. Trxade Group shares last traded at $1.56, with a volume of 4,397 shares trading hands.

Trxade Group Stock Performance

The stock has a market cap of $61.21 million, a PE ratio of -404.00 and a beta of 1.35. The company has a quick ratio of 4.45, a current ratio of 4.51 and a debt-to-equity ratio of 0.26. The firm has a 50 day moving average price of $1.58 and a 200 day moving average price of $1.82.

About Trxade Group

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Trxade Group, Inc owns and operates a business-to-business Web-based marketplace focused on the United States pharmaceutical industry. The company offers Web based market platform that enables trade among healthcare buyers and sellers of pharmaceuticals, accessories, and services. Its principal products and services include Trxade.com and InventoryRx.com, which are Web-based pharmaceutical marketplaces; Pharmabayonline that provides access to proprietary pharmaceutical data analytics to the United States-based independent pharmacies, pharmaceutical shortage databases, proposed governmental reimbursement benchmarks comparison and analysis, and a proprietary suggested national retail drug benchmark; and RxGuru, a service-based desktop software application, which provides daily drug pricing and analytics to the independent pharmacists.

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