StockNews.com Begins Coverage on T2 Biosystems (NASDAQ:TTOO)

StockNews.com started coverage on shares of T2 Biosystems (NASDAQ:TTOO) in a research note published on Sunday morning. The brokerage issued a sell rating on the medical equipment provider’s stock.

T2 Biosystems Stock Down 7.4 %

T2 Biosystems stock opened at $0.13 on Friday. The company has a fifty day simple moving average of $0.24 and a 200-day simple moving average of $1.06. T2 Biosystems has a 12-month low of $0.06 and a 12-month high of $6.80.

About T2 Biosystems

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.