genedrive (LON:GDR) Insider Acquires 700,000 Shares

Key Points

  • Genedrive insider Gino Miele purchased 700,000 shares at an average price of GBX 1, representing a total investment of £7,000.
  • Genedrive shares opened at GBX 1.40 and were trading up 0.1%, with a market capitalization of approximately £22.48 million.
  • The UK-based company develops rapid, point-of-care pharmacogenetic testing technology to help guide medication and dosage decisions, particularly in emergency healthcare.

genedrive plc (LON:GDR - Get Free Report) insider Gino Miele acquired 700,000 shares of genedrive stock in a transaction that occurred on Friday, August 28th. The stock was bought at an average price of GBX 1 per share, for a total transaction of £7,000.

genedrive Trading Up 0.1%

LON GDR opened at GBX 1.40 on Wednesday. The company has a debt-to-equity ratio of -120.48, a current ratio of 0.99 and a quick ratio of 5.52. The stock has a market capitalization of £22.48 million, a P/E ratio of -1.77 and a beta of 0.99. The firm's 50-day moving average is GBX 1.21 and its two-hundred day moving average is GBX 1.12. genedrive plc has a 12 month low of GBX 0.19 and a 12 month high of GBX 1.55.

genedrive Company Profile

(Get Free Report)

genedrive plc is a pharmacogenetic testing company developing and commercialising a low cost, rapid, versatile and simple to use point of need pharmacogenetic platform for the diagnosis of genetic variants. This helps clinicians to quickly access key genetic information that will aid them make the right choices over the right medicine or dosage to use for an effective treatment, particularly important in time-critical emergency care healthcare paradigms. Based in the UK, the Company is at the forefront of Point of Care pharmacogenetic testing in emergency healthcare.

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