genedrive plc (LON:GDR) Insider Acquires £30,000 in Stock

genedrive plc (LON:GDR) insider Ian David Gilham acquired 1,000,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 14th. The stock was purchased at an average price of GBX 3 ($0.04) per share, with a total value of £30,000 ($38,304.39).

genedrive Stock Up 9.8 %

GDR stock opened at GBX 3.38 ($0.04) on Thursday. The company has a debt-to-equity ratio of 8.57, a current ratio of 1.63 and a quick ratio of 5.52. genedrive plc has a 1-year low of GBX 1.41 ($0.02) and a 1-year high of GBX 14.80 ($0.19). The stock has a market capitalization of £18.33 million, a P/E ratio of -84.05 and a beta of 0.06. The business has a fifty day moving average price of GBX 2.65 and a 200-day moving average price of GBX 3.71.

About genedrive

genedrive plc, a molecular diagnostics company, engages in developing and commercializing point of need diagnostics platform for infectious diseases, genotyping, pathogen detection, and other indications. The company provides Genedrive system, a rapid thermocycler and signal detection system and semi- automated system used forqualitative in vitro molecular diagnostic tests; and Genedrive CYP2C19 ID Kit, a point-of-care test for rapid CYP2C19 genotyping in time-critical emergency care settings.