Rapid Micro Biosystems Inc. (NASDAQ:RPID) traded today at a new 52-week low of $18.51. Approximately 125,000 shares have changed hands today, as compared to an average 30-day volume of 163,000 shares.
In the past 52 weeks, Rapid Micro Biosystems Inc. share prices are bracketed by a current low of $18.51 and a high of $24.76 and is now at $19.00.
Rapid Micro Biosystems Inc is an life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products such as biologics, vaccines, cell and gene therapies, and sterile injectables. The company’s flagship Growth Direct platform automates and modernizes the antiquated, manual microbial quality control (MQC) testing workflows used in the pharmaceutical manufacturing operations across the globe. It derives revenue from development, manufacturing, marketing and selling Systems and related LIMS connection software, consumables and services.
There is potential upside of 2.4% for shares of Rapid Micro Biosystems Inc. based on a current price of $19.00 and an average consensus analyst price target of $19.45.
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