Renalytix (LON:RENX) Stock Price Up 30.1% – Here’s What Happened

Shares of Renalytix Plc (LON:RENXGet Free Report) shot up 30.1% on Tuesday . The company traded as high as GBX 6 and last traded at GBX 5.40. Approximately 4,418,656 shares were traded during trading, an increase of 374% from the average session volume of 931,928 shares. The stock had previously closed at GBX 4.15.

Renalytix Stock Up 2.5%

The firm has a 50 day moving average price of GBX 3.47 and a 200-day moving average price of GBX 2.65. The firm has a market cap of £24.19 million, a price-to-earnings ratio of -1.38 and a beta of 1.81. The company has a debt-to-equity ratio of -483.33, a current ratio of 1.57 and a quick ratio of 2.42.

Renalytix Company Profile

(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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