MaxCyte (LON:MXCT) Trading Down 9.4% – Here’s What Happened

Shares of MaxCyte, Inc. (LON:MXCTGet 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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