Rapid Micro Biosystems (NASDAQ:RPID) Now Covered by KeyCorp

KeyCorp assumed coverage on shares of Rapid Micro Biosystems (NASDAQ:RPID) in a research note published on Wednesday morning, Marketbeat.com reports. The brokerage issued an overweight rating and a $8.00 target price on the stock.

Rapid Micro Biosystems Price Performance

NASDAQ RPID opened at $3.26 on Wednesday. Rapid Micro Biosystems has a 1-year low of $0.58 and a 1-year high of $3.30. The stock has a 50-day moving average of $1.40 and a 200-day moving average of $1.09.

Rapid Micro Biosystems Company Profile

Rapid Micro Biosystems, Inc, a life sciences technology company, provides products for the detection of microbial contamination in the manufacture of pharmaceutical, medical devices, and personal care products in the United States, Germany, Switzerland, Japan, and internationally. The company offers Growth Direct platform, which includes Growth Direct system, proprietary consumables, lab information management system connection software, and customer support and validation services.