T2 Biosystems (NASDAQ:TTOO) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

T2 Biosystems, Inc. (NASDAQ:TTOOGet Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.63 and traded as low as $0.10. T2 Biosystems shares last traded at $0.11, with a volume of 49,269 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on T2 Biosystems in a research note on Thursday. They set a “sell” rating on the stock.

Check Out Our Latest Stock Report on T2 Biosystems

T2 Biosystems Trading Down 0.4 %

The company’s 50-day moving average is $0.15 and its two-hundred day moving average is $0.63.

About T2 Biosystems

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T2 Biosystems, Inc, an in vitro diagnostics company, develops and sells diagnostic products and product candidates in the United States and internationally. Its technology enables detection of pathogens, biomarkers, and other abnormalities in various unpurified patient sample types, including whole blood, plasma, serum, saliva, sputum, cerebral spinal fluid, and urine.

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