ReNeuron Group (LON:RENE) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

ReNeuron Group plc (LON:RENEGet Free Report)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 3.38 ($0.04) and traded as high as GBX 3.50 ($0.05). ReNeuron Group shares last traded at GBX 3.38 ($0.04), with a volume of 177,373 shares changing hands.

ReNeuron Group Stock Performance

The firm has a market capitalization of £1.93 million, a PE ratio of -37.50 and a beta of 0.83. The company has a current ratio of 1.51, a quick ratio of 2.02 and a debt-to-equity ratio of 14.25. The business’s 50 day simple moving average is GBX 3.38 and its two-hundred day simple moving average is GBX 3.40.

ReNeuron Group Company Profile

(Get Free Report)

ReNeuron Group plc researches, develops, and commercializes cell-based therapies in the United Kingdom. The company engages in the development of CTX stem cell therapy candidate for treating stroke disability; and human retinal progenitor cell therapy that is in Phase 2 clinical trial for treating retinitis pigmentosa, a blindness-causing disease.

Read More

Receive News & Ratings for ReNeuron Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ReNeuron Group and related companies with MarketBeat.com's FREE daily email newsletter.