Medigene (ETR:MDG1) Shares Up 1.4% – Still a Buy?

Medigene AG (ETR:MDG1Get Free Report) traded up 1.4% on Tuesday . The company traded as high as €1.10 ($1.13) and last traded at €1.02 ($1.05). 27,090 shares were traded during mid-day trading, a decline of 91% from the average session volume of 306,207 shares. The stock had previously closed at €1.01 ($1.04).

Medigene Stock Performance

The firm has a market capitalization of $15.06 million, a P/E ratio of -0.84, a price-to-earnings-growth ratio of 7.12 and a beta of 0.84. The company has a 50-day moving average of €1.32 and a 200-day moving average of €1.45. The company has a current ratio of 2.39, a quick ratio of 5.85 and a debt-to-equity ratio of 12.94.

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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