ReNeuron Group (LON:RENE) Stock Passes Above 50 Day Moving Average of $146.90

ReNeuron Group Plc (LON:RENE)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $146.90 and traded as high as $149.50. ReNeuron Group shares last traded at $145.00, with a volume of 21,953 shares traded.

The company has a fifty day moving average of GBX 147.15 and a 200-day moving average of GBX 165.60. The firm has a market cap of $46.16 million and a P/E ratio of 290.00. The company has a debt-to-equity ratio of 133.19, a current ratio of 1.77 and a quick ratio of 0.41.

ReNeuron Group (LON:RENE) last announced its quarterly earnings results on Friday, December 6th. The company reported GBX (12.30) (($0.16)) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of GBX (16.30) (($0.21)) by GBX 4 ($0.05). On average, sell-side analysts expect that ReNeuron Group Plc will post -71.6779151 EPS for the current fiscal year.

ReNeuron Group Company Profile (LON:RENE)

ReNeuron Group plc develops and sells cell-based therapies in the United Kingdom. The company's lead therapeutic candidate is CTX stem cell therapy, which has been completed Phase II clinical trial for the treatment of patients living with chronic disability following stroke, as well as that has been completed Phase I clinical trial to treat limb ischaemia.

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