ReNeuron Group (LON:RENE) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

ReNeuron Group plc (LON:RENEGet Free Report)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 3.38 ($0.04) and traded as low as GBX 3.28 ($0.04). ReNeuron Group shares last traded at GBX 3.38 ($0.04), with a volume of 177,373 shares trading hands.

ReNeuron Group Price Performance

The company has a quick ratio of 2.02, a current ratio of 1.51 and a debt-to-equity ratio of 14.25. The company has a fifty day simple moving average of GBX 3.38 and a 200 day simple moving average of GBX 3.38. The firm has a market capitalization of £1.93 million, a P/E ratio of -37.50 and a beta of 0.83.

About ReNeuron Group

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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.

Further Reading

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