Renalytix (LON:RENX) Shares Down 1.7% – Time to Sell?

Renalytix Plc (LON:RENXGet Free Report) dropped 1.7% on Monday . The stock traded as low as GBX 5.80 and last traded at GBX 5.80. Approximately 561,166 shares were traded during trading, a decline of 62% from the average daily volume of 1,471,433 shares. The stock had previously closed at GBX 5.90.

Renalytix Stock Performance

The company’s fifty day moving average price is GBX 6.94 and its two-hundred day moving average price is GBX 7.21. The company has a debt-to-equity ratio of -72.91, a quick ratio of 2.42 and a current ratio of 0.24. The firm has a market capitalization of £25.35 million, a PE ratio of -0.83 and a beta of 2.10.

About Renalytix

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Renalytix (LSE: RENX) (NASDAQ: RNLX) is a developer of artificial intelligence-enabled clinical in vitro diagnostic solutions for kidney disease, one of the most common and costly chronic medical conditions globally. The Company’s lead product is KidneyIntelX, which has been granted Breakthrough Designation by the U.S. Food and Drug Administration and which is being designed to help make significant improvements in kidney disease prognosis, transplant management, clinical care, patient stratification for drug clinical trials, and drug target discovery (visit www.kidneyintelx.com).

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