Renalytix (LON:RENX) Stock Price Down 2.8% – Time to Sell?

Shares of Renalytix Plc (LON:RENXGet Free Report) traded down 2.8% during mid-day trading on Wednesday . The company traded as low as GBX 8.50 ($0.11) and last traded at GBX 8.75 ($0.11). 323,879 shares traded hands during trading, an increase of 23% from the average session volume of 263,172 shares. The stock had previously closed at GBX 9 ($0.12).

Renalytix Stock Down 2.8 %

The firm has a market capitalization of £36.27 million, a P/E ratio of -0.41 and a beta of 2.10. The business has a 50 day moving average price of GBX 10.28 and a 200 day moving average price of GBX 9.36. The company has a debt-to-equity ratio of -72.91, a current ratio of 0.24 and a quick ratio of 2.42.

About Renalytix

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Renalytix (LSE: RENX) (NASDAQ: RNLX) is a developer of artificial intelligence-enabled clinical in vitro diagnostic solutions for kidney disease, one of the most common and costly chronic medical conditions globally. The Company’s lead product is KidneyIntelX, which has been granted Breakthrough Designation by the U.S.

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