LexaGene (CVE:LXG) Stock Price Down 19.2%

LexaGene Holdings Inc. (CVE:LXGGet Free Report) was down 19.2% on Tuesday . The company traded as low as C$0.10 and last traded at C$0.11. Approximately 2,135,377 shares changed hands during mid-day trading, an increase of 1,156% from the average daily volume of 170,061 shares. The stock had previously closed at C$0.13.

LexaGene Price Performance

The company has a debt-to-equity ratio of 138.01, a current ratio of 1.39 and a quick ratio of 1.13. The stock has a market capitalization of C$14.77 million, a P/E ratio of -1.31 and a beta of 2.26. The company’s 50 day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.11.

LexaGene Company Profile

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LexaGene Holdings Inc, a biotechnology company, engages in the research, development, and commercialization of pathogen detection systems. It offers MiQLab, an automated pathogen detection system that aims to transform pathogen detection in veterinary diagnostics, human clinical diagnostics, food and water safety testing, and other life sciences markets.

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