Tissue Regenix Group (LON:TRX) Stock Passes Below 200 Day Moving Average – Time to Sell?

Tissue Regenix Group plc (LON:TRXGet Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 60.24 ($0.74) and traded as low as GBX 57 ($0.70). Tissue Regenix Group shares last traded at GBX 57.03 ($0.70), with a volume of 4,648 shares.

Tissue Regenix Group Trading Up 0.9 %

The company has a market cap of £42.03 million, a P/E ratio of -5,900.00 and a beta of 1.61. The firm’s 50 day moving average is GBX 58.44 and its two-hundred day moving average is GBX 60.24. The company has a quick ratio of 2.36, a current ratio of 3.74 and a debt-to-equity ratio of 35.69.

Tissue Regenix Group Company Profile

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Tissue Regenix is a leading medical device company in regenerative medicine. The Company’s patented decellularisation technology (dCELL®) removes DNA and other cellular material from animal and human soft tissue, leaving an acellular tissue scaffold not rejected by the patient’s body that can be used to repair diseased or damaged body structures.

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