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MaxCyte (LON:MXCT) Trading Down 9.4% - Here's What Happened

MaxCyte logo with Medical background
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Shares of MaxCyte, Inc. (LON:MXCT - Get Free Report) were down 9.4% during mid-day trading on Thursday . The company traded as low as GBX 230 ($2.98) and last traded at GBX 240 ($3.11). Approximately 86,242 shares changed hands during mid-day trading, an increase of 105% from the average daily volume of 42,170 shares. The stock had previously closed at GBX 265 ($3.44).

MaxCyte Trading Up 7.4 %

The stock has a fifty day simple moving average of GBX 334.35 and a 200 day simple moving average of GBX 310.68. The firm has a market capitalization of £326.05 million, a P/E ratio of -9.05 and a beta of 1.13. The company has a quick ratio of 14.38, a current ratio of 9.81 and a debt-to-equity ratio of 8.59.

About MaxCyte

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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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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