Friday, July 23, 2021

Share Price Of Genetic Technologies Limited (GENE) Declined 9.19% in pre-market trading. Here Is What Happened

Genetic Technologies Limited (GENE) shares plunged on the charts today, approximately -9.19% to trade at $4.44 at last check-in pre-market trading. On Friday, GENE Stock climbed 6.53% to close the day at $4.57. The volume of shares traded was 24.23 million, which is higher than the average volume over the last three months of 1.73 million.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


During the trading session, the share price varied between $4.2301 and $5.74. The company had an earnings per share ratio of -0.68. GENE stock had also gained 4.34% of its value in the previous five sessions and moved 5.79% over the past 30 days, but has increased 26.94% on a year-to-date basis. The stock’s 50-day moving average of $4.56 is above the 200-day moving average of $3.80. Moreover, the stock is currently trading at RSI of 54.73.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


Genetic Technologies Limited(GENE), a healthcare company driven by artificial intelligence, announced an update on the Covid-19 risk test on Friday. Gene Stock saw a 6.53% surge following the news.

About Genetic Technologies Limited (GENE)

Genetic Technologies recently updated the public on their Covid-19 Risk Test launch and states that the company has performed adequate due diligence through statistical analysis for the COVID-19 Risk Test. Gene has also partnered up with IBX as their distribution partner which is currently commercializing the COVID-19 Risk Test across USA.

Additionally, the GENE COVID-19 Risk Test may be used to identify the uncertainty of an effected person developing a serious disease if they are transmitted the COVID-19 virus. The COVID-19 Risk Test will give its result about the severity of the virus by using an algorithm of genetic and clinical data.

“Alongside existing treatment options and vaccines, we believe this test will enable more insightful decisions for states, workplaces and individuals on pathways forward in managing this pandemic.” Stated Simon morris, CEO of Genetic Technology Limited, as he emphasized on how this breakthrough could have a positive impact on reducing the severity of this condition beforehand.

Conclusion

GENE Stock increased dramatically after announcing the commercialization of their Covid-19 Risk test. Furthermore, finding severely affected covid 19 patients through several algorithms and genetic models raised investor interest, however, the stock dropped 2.84% as the market settled.

Latest news

Novanta Inc. (NOVT) Acquires Schneider Electric Motion USA (SEM) For $115M Cash

Novanta Inc. (NASDAQ: NOVT) has acquired Schneider Electric Motion USA (SEM), a company that could contribute to its industrial automation development. Novanta Inc. (NOVT) purchased...

What Helped MannKind Corporation (MNKD) Stock Jump 11.6 Percent?

During the trading session on 28 June,2021 MannKind Corporation (NASDAQ: MNKD) advanced 11.60 percent to $5.31.This hike occurred as a result of recent efforts...

Identifying Value and Future Vision in Chewy Inc. (CHWY) Stock

Chewy Inc. (NYSE: CHWY), an online pet product retailer, recently introduced a new service, Connect With a Vet, featuring remote consultations with veterinarians. The...

Technical Outlook And Game Plan For Twilio Inc. (NYSE: TWLO)

Twilio Inc. (TWLO), which provides cloud-based tools to organize communication infrastructure, is one of the most visible beneficiaries of digital transformation in business. With...

Related news

Novanta Inc. (NOVT) Acquires Schneider Electric Motion USA (SEM) For $115M Cash

Novanta Inc. (NASDAQ: NOVT) has acquired Schneider Electric Motion USA (SEM), a company that could contribute to its industrial automation development. Novanta Inc. (NOVT) purchased...

What Helped MannKind Corporation (MNKD) Stock Jump 11.6 Percent?

During the trading session on 28 June,2021 MannKind Corporation (NASDAQ: MNKD) advanced 11.60 percent to $5.31.This hike occurred as a result of recent efforts...

Identifying Value and Future Vision in Chewy Inc. (CHWY) Stock

Chewy Inc. (NYSE: CHWY), an online pet product retailer, recently introduced a new service, Connect With a Vet, featuring remote consultations with veterinarians. The...

Technical Outlook And Game Plan For Twilio Inc. (NYSE: TWLO)

Twilio Inc. (TWLO), which provides cloud-based tools to organize communication infrastructure, is one of the most visible beneficiaries of digital transformation in business. With...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

1745

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam