Tissue Regenix Group (LON:TRX) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Tissue Regenix Group plc (LON:TRXGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-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.

Tissue Regenix Group Stock Down 2.6 %

The stock has a market capitalization of £40.60 million, a price-to-earnings ratio of -5,700.00 and a beta of 1.61. The business has a 50-day moving average of GBX 58.80 and a 200-day moving average of GBX 60.53. The company has a debt-to-equity ratio of 35.69, a quick ratio of 2.36 and a current ratio of 3.74.

Tissue Regenix Group Company Profile

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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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