Inspira Technologies Oxy B.H.N. (NASDAQ:IINN) Trading Down 1% – What’s Next?

Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ:IINN) fell 1% during trading on Thursday . The stock traded as low as $0.95 and last traded at $1.00. 112,333 shares were traded during mid-day trading, an increase of 24% from the average session volume of 90,267 shares. The stock had previously closed at $1.01.

Inspira Technologies Oxy B.H.N. Trading Down 1.0 %

The firm’s 50 day simple moving average is $1.20 and its 200 day simple moving average is $1.21. The company has a quick ratio of 2.13, a current ratio of 2.23 and a debt-to-equity ratio of 0.09.

Institutional Trading of Inspira Technologies Oxy B.H.N.

An institutional investor recently bought a new position in Inspira Technologies Oxy B.H.N. stock. Renaissance Technologies LLC bought a new position in Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ:IINN) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 24,497 shares of the company’s stock, valued at approximately $34,000. Renaissance Technologies LLC owned 0.19% of Inspira Technologies Oxy B.H.N. at the end of the most recent reporting period. Institutional investors own 12.72% of the company’s stock.

Inspira Technologies Oxy B.H.N. Company Profile

Inspira Technologies Oxy B.H.N. Ltd., a specialty medical device company, engages in the research, development, manufacture, and marketing of respiratory support technology to provide an alternative to invasive mechanical ventilation for the treatment of acute respiratory failure. Its lead product is the augmented respiration technology system, a respiratory support system comprising minimally invasive, portable dual lumen cannula, which is inserted into the jugular vein and utilizes extra-corporeal direct blood oxygenation to elevate and stabilize declining oxygen saturation levels.