GENinCode (LON:GENI) Trading Down 6.1% – Time to Sell?

GENinCode Plc (LON:GENIGet Free Report) shares dropped 6.1% on Wednesday . The stock traded as low as GBX 2.20 and last traded at GBX 2.30. Approximately 967,221 shares traded hands during mid-day trading, an increase of 63% from the average daily volume of 591,585 shares. The stock had previously closed at GBX 2.45.

GENinCode Stock Performance

The stock has a 50-day simple moving average of GBX 2.54 and a 200-day simple moving average of GBX 2.47. The stock has a market cap of £6.02 million, a PE ratio of -0.89 and a beta of 0.66. The company has a debt-to-equity ratio of 9.28, a current ratio of 2.60 and a quick ratio of 15.89.

About GENinCode

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GENinCode Plc is a UK based company specialising in genetic risk assessment of cardiovascular disease. Cardiovascular disease is the leading cause of death and disability worldwide.

GENinCode operates business units in the UK, in the United States through GENinCode U.S. Inc and in Europe through GENinCode S.L.U.

GENinCode predictive technology provides patients and physicians with globally leading preventative care and treatment strategies. GENinCode CE marked invitro-diagnostic molecular tests combine clinical algorithms and bioinformatics to provide advanced patient risk assessment to predict disease onset.

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