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MaxCyte (LON:MXCT) Share Price Crosses Below 50-Day Moving Average - Here's Why

MaxCyte logo with Medical background

MaxCyte, Inc. (LON:MXCT - Get Free Report)'s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 206.79 ($2.77) and traded as low as GBX 160 ($2.14). MaxCyte shares last traded at GBX 165 ($2.21), with a volume of 41,396 shares.

MaxCyte Price Performance

The firm has a market cap of £220.18 million, a P/E ratio of -6.11 and a beta of 1.13. The company has a current ratio of 9.81, a quick ratio of 14.38 and a debt-to-equity ratio of 8.59. The firm has a 50-day simple moving average of GBX 203.90 and a 200-day simple moving average of GBX 277.66.

MaxCyte Company Profile

(Get Free Report)

MaxCyte is a leading cell-engineering company providing enabling platform technologies to advance the discovery, development and commercialization of next-generation cell-based therapeutics and to support innovative, cell-based research. MaxCyte brings best-in-class technology paired with ongoing support designed to facilitate complex engineering of a wide variety of cells and payloads, with the aim of advancing new treatment options for patients.

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