MaxCyte (LON:MXCT) Shares Cross Below Fifty Day Moving Average – Time to Sell?

MaxCyte, Inc. (LON:MXCTGet Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 346 ($4.35) and traded as low as GBX 264 ($3.32). MaxCyte shares last traded at GBX 264 ($3.32), with a volume of 29,582 shares changing hands.

MaxCyte Price Performance

The stock’s fifty day moving average price is GBX 344.76 and its two-hundred day moving average price is GBX 313.89. The firm has a market capitalization of £348.49 million, a price-to-earnings ratio of -9.67 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.

About MaxCyte

(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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