Medigene (ETR:MDG1) Trading Down 0.3% – Here’s Why

Medigene AG (ETR:MDG1Get Free Report) dropped 0.3% on Friday . The company traded as low as €1.80 ($1.95) and last traded at €1.86 ($2.02). Approximately 2,385 shares were traded during trading, a decline of 99% from the average daily volume of 306,207 shares. The stock had previously closed at €1.87 ($2.03).

Medigene Trading Down 0.3 %

The firm has a market cap of $27.42 million, a PE ratio of -1.54, a price-to-earnings-growth ratio of 7.12 and a beta of 0.84. The company has a 50-day simple moving average of €1.83 and a 200 day simple moving average of €1.51. The company has a current ratio of 2.39, a quick ratio of 5.85 and a debt-to-equity ratio of 12.94.

Medigene Company Profile

(Get Free Report)

Medigene AG, a biotechnology company, focuses on the discovery and development of T-cell therapies for the treatment of cancer. The company's end-to-end platform enables the development of T cell receptor engineered T cell (TCR-T) therapies for multiple tumor indications. Its pipeline includes MDG1015, a TCR-T therapy product to treat multiple solid tumor indications; MDG10xx to treat multiple solid tumor; and MDG1011, a TCR-T immunotherapy candidate, which is in clinical development to treat blood cancer.

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