LexaGene (CVE:LXG) Shares Down 19.2%

LexaGene Holdings Inc. (CVE:LXGGet Free Report) shares were down 19.2% during mid-day trading on Friday . The stock traded as low as C$0.10 and last traded at C$0.11. Approximately 2,135,377 shares traded hands during trading, an increase of 1,156% from the average daily volume of 170,061 shares. The stock had previously closed at C$0.13.

LexaGene Stock Down 19.2 %

The company has a current ratio of 1.39, a quick ratio of 1.13 and a debt-to-equity ratio of 138.01. The firm has a market cap of C$14.77 million, a price-to-earnings ratio of -1.31 and a beta of 2.26. The firm has a 50-day moving average of C$0.11 and a two-hundred day moving average of C$0.11.

About LexaGene

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LexaGene Holdings Inc, a biotechnology company, engages in the research, development, and commercialization of pathogen detection systems. It offers MiQLab, an automated pathogen detection system that aims to transform pathogen detection in veterinary diagnostics, human clinical diagnostics, food and water safety testing, and other life sciences markets.

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