Medigene (ETR:MDG1) Shares Down 1.2% – What’s Next?

Medigene AG (ETR:MDG1)’s share price fell 1.2% during mid-day trading on Thursday . The company traded as low as €2.12 ($2.35) and last traded at €2.12 ($2.35). 2,742 shares traded hands during trading, a decline of 99% from the average session volume of 306,207 shares. The stock had previously closed at €2.14 ($2.38).

Medigene Trading Up 0.9 %

The company has a current ratio of 2.39, a quick ratio of 5.85 and a debt-to-equity ratio of 12.94. The stock has a market cap of $31.47 million, a P/E ratio of -1.75, a PEG ratio of 7.12 and a beta of 0.84. The firm’s 50-day simple moving average is €1.55 and its 200 day simple moving average is €1.52.

Medigene Company Profile

Medigene AG, a biotechnology company, focuses on the discovery and development of T-cell therapies for the treatment of cancer. The company's end-to-end platform enables the development of T cell receptor engineered T cell (TCR-T) therapies for multiple tumor indications. Its pipeline includes MDG1015, a TCR-T therapy product to treat multiple solid tumor indications; MDG10xx to treat multiple solid tumor; and MDG1011, a TCR-T immunotherapy candidate, which is in clinical development to treat blood cancer.