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

MaxCyte, Inc. (LON:MXCTGet Free Report)’s stock price traded down 9.4% during trading on Thursday . The stock traded as low as GBX 230 ($2.98) and last traded at GBX 240 ($3.10). 86,242 shares were traded during trading, an increase of 105% from the average session volume of 42,170 shares. The stock had previously closed at GBX 265 ($3.43).

MaxCyte Trading Up 8.8 %

The company has a debt-to-equity ratio of 8.59, a current ratio of 9.81 and a quick ratio of 14.38. The firm’s 50 day moving average price is GBX 330.71 and its 200 day moving average price is GBX 309.63. The stock has a market capitalization of £324.73 million, a P/E ratio of -9.01 and a beta of 1.13.

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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