Renalytix (LON:RENX) Trading Up 30.1% – Should You Buy?

Renalytix Plc (LON:RENXGet Free Report) was up 30.1% during trading on Tuesday . The stock traded as high as GBX 6 and last traded at GBX 5.40. Approximately 4,418,656 shares changed hands during trading, an increase of 374% from the average daily volume of 931,928 shares. The stock had previously closed at GBX 4.15.

Renalytix Price Performance

The firm’s 50 day moving average price is GBX 3.34 and its two-hundred day moving average price is GBX 2.63. The company has a debt-to-equity ratio of -483.33, a current ratio of 1.57 and a quick ratio of 2.42. The stock has a market cap of £23.60 million, a PE ratio of -1.35 and a beta of 1.81.

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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