Tissue Regenix Group (LON:TRX) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Tissue Regenix Group plc (LON:TRXGet Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 60.24 ($0.73) and traded as low as GBX 57 ($0.69). Tissue Regenix Group shares last traded at GBX 57.03 ($0.69), with a volume of 4,648 shares traded.

Tissue Regenix Group Trading Down 2.4 %

The company has a 50 day moving average of GBX 58.26 and a two-hundred day moving average of GBX 60.16. The stock has a market capitalization of £40.67 million, a PE ratio of -5,709.00 and a beta of 1.61. The company has a debt-to-equity ratio of 35.69, a quick ratio of 2.36 and a current ratio of 3.74.

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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