Tissue Regenix Group (LON:TRX) Sets New 52-Week Low – Here’s Why

Tissue Regenix Group plc (LON:TRXGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 35 ($0.45) and last traded at GBX 35.42 ($0.46), with a volume of 27614 shares changing hands. The stock had previously closed at GBX 36.50 ($0.47).

Tissue Regenix Group Stock Performance

The stock has a market cap of £33.36 million, a price-to-earnings ratio of -38.20 and a beta of 1.61. The company’s 50 day simple moving average is GBX 49.40 and its 200 day simple moving average is GBX 54.75. The company has a debt-to-equity ratio of 31.16, a quick ratio of 2.36 and a current ratio of 4.03.

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.

Further Reading

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