Tissue Regenix Group (LON:TRX) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Tissue Regenix Group plc (LON:TRXGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 60.55 ($0.75) and traded as low as GBX 57 ($0.70). Tissue Regenix Group shares last traded at GBX 57 ($0.70), with a volume of 18,582 shares traded.

Tissue Regenix Group Stock Down 2.6 %

The firm has a market cap of £40.60 million, a PE ratio of -5,700.00 and a beta of 1.61. The company has a quick ratio of 2.36, a current ratio of 3.74 and a debt-to-equity ratio of 35.69. The business has a 50-day moving average price of GBX 58.80 and a two-hundred day moving average price of GBX 60.53.

About Tissue Regenix Group

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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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