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

Shares of Ondine Biomedical Inc. (LON:OBIGet Free Report) fell 2% during trading on Tuesday . The stock 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 Stock Down 2.6 %

The company has a market cap of £24.30 million, a P/E ratio of -292.17 and a beta of 0.10. The company has a debt-to-equity ratio of 1,847.37, a quick ratio of 8.26 and a current ratio of 0.80. The business’s fifty day moving average is GBX 8.30 and its two-hundred day moving average is GBX 7.63.

Ondine Biomedical Company Profile

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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.

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