DeepVerge (LON:DVRG) Shares Down 8.3%

DeepVerge plc (LON:DVRG – Get Rating)’s share price traded down 8.3% on Wednesday . The stock traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.55 ($0.01). 25,035,488 shares traded hands during mid-day trading, an increase of 183% from the average session volume of 8,835,267 shares. The stock had previously closed at GBX 0.60 ($0.01).

DeepVerge Stock Performance

The firm’s 50-day moving average price is GBX 1.09 and its two-hundred day moving average price is GBX 1.54. The firm has a market capitalization of £4.18 million, a PE ratio of -55.00 and a beta of 1.35. The company has a quick ratio of 1.00, a current ratio of 1.38 and a debt-to-equity ratio of 27.76.

About DeepVerge

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DeepVerge plc, an environmental and life science artificial intelligent company, develops and applies AI and IoT technology to analytical instruments for the analysis and identification of bacteria, virus, and toxins. The company offers Labskin, a commercially available lab-grown, full thickness human skin to support product research and development activities in the cosmetic, personal care, medical device, and pharmaceutical sectors; Rinocloud, a data infrastructure as a service that delivers secure intelligent store, share and search, encryption, and infrastructure technologies; and skin trust club, a skin health tracking using advanced sequencing, bioinformatics, and AI algorithms.