Ondine Biomedical (LON:OBI) Stock Price Down 2% – Here’s Why

Ondine Biomedical Inc. (LON:OBIGet Free Report)’s stock price fell 2% during trading on Tuesday . The company traded as low as GBX 8.58 ($0.11) and last traded at GBX 8.62 ($0.11). 158,609 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 168,652 shares. The stock had previously closed at GBX 8.80 ($0.11).

Ondine Biomedical Trading Down 2.0 %

The company has a 50-day moving average of GBX 8.28 and a 200 day moving average of GBX 7.63. The company has a debt-to-equity ratio of 1,847.37, a current ratio of 0.80 and a quick ratio of 8.26. The company has a market cap of £23.90 million, a PE ratio of -287.33 and a beta of 0.10.

Ondine Biomedical Company Profile

(Get Free Report)

Ondine Biomedical Inc, a Life sciences company, engages in the research, development, and commercialization of antimicrobial photodisinfection therapies in Canada and internationally. Its product platform is Photodisinfection, a topical light-based antimicrobial technology that eliminates harmful pathogens.

Featured Articles

Receive News & Ratings for Ondine Biomedical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ondine Biomedical and related companies with MarketBeat.com's FREE daily email newsletter.