Renalytix (LON:RENX) Trading Up 14.2% – Still a Buy?

Renalytix Plc (LON:RENXGet Free Report) shares rose 14.2% on Monday . The company traded as high as GBX 2.80 and last traded at GBX 2.65. 7,356,022 shares changed hands during mid-day trading, an increase of 719% from the average daily volume of 897,943 shares. The stock had previously closed at GBX 2.32.

Renalytix Price Performance

The company has a current ratio of 1.21, a quick ratio of 2.42 and a debt-to-equity ratio of -118.57. The stock has a 50-day moving average price of GBX 1.83 and a 200 day moving average price of GBX 3.37. The stock has a market capitalization of £11.58 million, a price-to-earnings ratio of -0.66 and a beta of 1.79.

About Renalytix

(Get Free Report)

Renalytix (LSE: RENX) (NASDAQ: RNLX) is a developer of artificial intelligence-enabled clinical in vitro diagnostic solutions for kidney disease, one of the most common and costly chronic medical conditions globally. The Company’s lead product is KidneyIntelX, which has been granted Breakthrough Designation by the U.S. Food and Drug Administration and which is being designed to help make significant improvements in kidney disease prognosis, transplant management, clinical care, patient stratification for drug clinical trials, and drug target discovery (visit www.kidneyintelx.com).

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