Medigene (ETR:MDG1) Stock Price Up 2.5% – What’s Next?

Medigene AG (ETR:MDG1Get Free Report)’s stock price was up 2.5% during trading on Wednesday . The company traded as high as €1.59 ($1.73) and last traded at €1.58 ($1.72). Approximately 6,863 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 306,207 shares. The stock had previously closed at €1.54 ($1.67).

Medigene Trading Up 4.9 %

The company has a debt-to-equity ratio of 12.95, a current ratio of 2.39 and a quick ratio of 5.85. The company has a 50-day moving average of €1.59 and a 200 day moving average of €1.57. The company has a market cap of $11.99 million, a PE ratio of -2.66, a price-to-earnings-growth ratio of 7.12 and a beta of 0.84.

About Medigene

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Medigene AG, a biotechnology company, focuses on the discovery and development of T-cell therapies for the treatment of cancer. The company's end-to-end platform enables the development of T cell receptor engineered T cell (TCR-T) therapies for multiple tumor indications. Its pipeline includes MDG1015, a TCR-T therapy product to treat multiple solid tumor indications; MDG10xx to treat multiple solid tumor; and MDG1011, a TCR-T immunotherapy candidate, which is in clinical development to treat blood cancer.

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