Avacta Group (AVCT)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

34.50p
   
  • Change Today:
      1.50p
  • 52 Week High: 82.50p
  • 52 Week Low: 31.00p
  • Currency: UK Pounds
  • Shares Issued: 386.87m
  • Volume: 621,757
  • Market Cap: £133.47m
  • RiskGrade: 461

Avacta suspends UK Covid test sales ahead of new approval

By Michele Maatouk

Date: Tuesday 02 Nov 2021

LONDON (ShareCast) - (Sharecast News) - Avacta said on Tuesday that it has suspended sales of its AffiDX Covid latest flow rapid antigen tests in the UK while it awaits new approval.
The company said new regulations from the UK Health Security Agency came into effect on Monday and it now has to wait until an evaluation has been completed and the test has been approved.

"This is a new requirement for the supply of any Covid-19 test in the UK and is over and above the CE mark and successful registration of company's AffiDX test with the MHRA which was announced on 7 June 2021," it explained.

The new regulation stipulates that all suppliers of Covid-19 tests must submit information regarding their products for desktop review if they wish to remain on sale in the UK. Avacta said it has submitted all the information required for its AffiDX test to be validated by the UKHSA and paid the required fee.

The company said the suspension of sales will not have a material impact on its anticipated financial outturn for the year ending 31 December.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Avacta Group Market Data

Currency UK Pounds
Share Price 34.50p
Change Today 1.50p
% Change 4.55 %
52 Week High 82.50p
52 Week Low 31.00p
Volume 621,757
Shares Issued 386.87m
Market Cap £133.47m
RiskGrade 461

Avacta Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
30.27% below the market average30.27% below the market average30.27% below the market average30.27% below the market average30.27% below the market average
29.17% below the sector average29.17% below the sector average29.17% below the sector average29.17% below the sector average29.17% below the sector average
Price Trend
75.23% below the market average75.23% below the market average75.23% below the market average75.23% below the market average75.23% below the market average
48.94% below the sector average48.94% below the sector average48.94% below the sector average48.94% below the sector average48.94% below the sector average
Income Not Available
Growth
62.41% above the market average62.41% above the market average62.41% above the market average62.41% above the market average62.41% above the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Avacta Group Dividends

No dividends found

Trades for 13-May-2025

Time Volume / Share Price
13:50 10,000 @ 34.00p
13:50 2,823 @ 34.99p
13:44 30,000 @ 35.00p
13:43 484 @ 34.70p
13:38 300 @ 34.70p

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