Maxcyte (DI) (MXCT)

Index:

FTSE AIM 100

342.50p
   
  • Change Today:
    -2.50p
  • 52 Week High: 430.00
  • 52 Week Low: 210.00
  • Currency: UK Pounds
  • Shares Issued: 104.10m
  • Volume: 18,274
  • Market Cap: £356.53m

MaxCyte 'exceptionally positive' following strong FY trading performance

By Iain Gilbert

Date: Monday 20 Jan 2020

LONDON (ShareCast) - (Sharecast News) - Clinical-stage life sciences company MaxCyte told investors on Monday that its board was "exceptionally positive" of the group's future following a stellar year.

MaxCyte's revenues exceeded market expectations in 2019, clocking in at 30% year-on-year growth to approximately $21.6m on the back of accelerated growth in the second half of the year.

Cash and cash equivalents, including short-term investments, at year-end, were approximately $16.7m.

Chief executive Doug Doerfler said: "MaxCyte is well-positioned in the rapidly growing, global gene editing and cell therapy space. We have continued to make impressive progress across all areas of the business and our outlook is exceptionally positive.

"Our financial performance is strong, reflecting the high demand for our instruments and disposables business as well as robust revenue generation from an ever-increasing number of commercial licenses."

As of 1055 GMT, MaxCyte shares had shot up 10.12% to 133.80p.

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

 

Maxcyte (DI) Market Data

Currency UK Pounds
Share Price 342.50p
Change Today -2.50p
% Change -0.72 %
52 Week High 430.00
52 Week Low 210.00
Volume 18,274
Shares Issued 104.10m
Market Cap £356.53m

Maxcyte (DI) Star Ratings

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What The Brokers Say

Strong Buy 4
Buy 3
Neutral 0
Sell 0
Strong Sell 0
Total 7
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Maxcyte (DI) Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:18 1,500 @ 340.00p
16:18 1,500 @ 340.00p
16:17 1,500 @ 340.00p
16:15 487 @ 340.00p
14:51 6 @ 350.00p

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