GeneNews (TSE:GEN) Shares Up 7.1% – Time to Buy?

GeneNews Ltd (TSE:GENGet Free Report) shares rose 7.1% on Monday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 473,147 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 1,480,179 shares. The stock had previously closed at C$0.14.

GeneNews Stock Performance

The firm’s fifty day simple moving average is C$0.15. The company has a market capitalization of C$25.49 million and a P/E ratio of -2.21.

GeneNews Company Profile

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GeneNews Limited focuses on developing and commercializing proprietary molecular diagnostic tests for the early detection of diseases and personalized health management with a primary focus on cancer-related indications. Its proprietary platform technology, the Sentinel Principle, identifies novel biomarkers from whole blood.

Further Reading

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