Renalytix (LON:RENX) Trading Up 11.5% – Still a Buy?

Renalytix Plc (LON:RENXGet Free Report) shot up 11.5% on Friday . The company traded as high as GBX 2.90 and last traded at GBX 2.90. 3,599,768 shares changed hands during mid-day trading, an increase of 292% from the average session volume of 917,177 shares. The stock had previously closed at GBX 2.60.

Renalytix Price Performance

The stock has a market capitalization of £12.67 million, a price-to-earnings ratio of -0.72 and a beta of 1.79. The company has a fifty day simple moving average of GBX 2.04 and a 200 day simple moving average of GBX 3.17. The company has a debt-to-equity ratio of -483.33, a quick ratio of 2.42 and a current ratio of 1.57.

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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