Insider Selling: Renalytix (LON:RENX) Insider Sells £70,000.02 in Stock

Key Points

  • Renalytix insider Christopher Mills sold 1,166,667 shares at an average price of GBX 6, for total proceeds of approximately £70,000.
  • Renalytix shares were trading down 4.8%, opening at GBX 5.81, with a market capitalization of about £25.38 million.
  • The company develops AI-enabled diagnostic solutions for kidney disease, led by KidneyIntelX, which has received U.S. FDA Breakthrough Device designation.

Renalytix Plc (LON:RENX - Get Free Report) insider Christopher Mills sold 1,166,667 shares of the stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of GBX 6, for a total transaction of £70,000.02.

Renalytix Trading Down 4.8%

RENX stock opened at GBX 5.81 on Friday. The company has a market capitalization of £25.38 million, a PE ratio of -1.45 and a beta of 1.81. The company has a debt-to-equity ratio of -483.33, a quick ratio of 2.42 and a current ratio of 1.57. Renalytix Plc has a one year low of GBX 1.60 and a one year high of GBX 10. The company's 50 day moving average price is GBX 4.54 and its two-hundred day moving average price is GBX 2.95.

About Renalytix

(Get Free Report)

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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