Trxade Group (OTCMKTS:TRXD) Shares Pass Below Fifty Day Moving Average of $1.47

Trxade Group Inc (OTCMKTS:TRXDGet Rating) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $1.47 and traded as low as $1.22. Trxade Group shares last traded at $1.26, with a volume of 9,907 shares changing hands.

Trxade Group Price Performance

The stock’s fifty day moving average price is $1.47 and its two-hundred day moving average price is $1.68. The firm has a market capitalization of $44.34 million, a price-to-earnings ratio of -404.00 and a beta of 1.35. The company has a current ratio of 4.51, a quick ratio of 4.45 and a debt-to-equity ratio of 0.26.

Trxade Group Company Profile

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Trxade Group, Inc owns and operates a business-to-business Web-based marketplace focused on the United States pharmaceutical industry. The company offers Web based market platform that enables trade among healthcare buyers and sellers of pharmaceuticals, accessories, and services. Its principal products and services include Trxade.com and InventoryRx.com, which are Web-based pharmaceutical marketplaces; Pharmabayonline that provides access to proprietary pharmaceutical data analytics to the United States-based independent pharmacies, pharmaceutical shortage databases, proposed governmental reimbursement benchmarks comparison and analysis, and a proprietary suggested national retail drug benchmark; and RxGuru, a service-based desktop software application, which provides daily drug pricing and analytics to the independent pharmacists.

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