OptiBiotix Health (LON:OPTI) Trading Down 9.3% – Should You Sell?

OptiBiotix Health Plc (LON:OPTI)’s stock price dropped 9.3% during trading on Friday . The stock traded as low as GBX 17.66 ($0.23) and last traded at GBX 17.69 ($0.23). Approximately 552,552 shares traded hands during mid-day trading, an increase of 64% from the average daily volume of 336,786 shares. The stock had previously closed at GBX 19.50 ($0.25).

OptiBiotix Health Price Performance

The company has a current ratio of 6.18, a quick ratio of 7.89 and a debt-to-equity ratio of 4.51. The company has a market capitalization of £17.32 million, a P/E ratio of -651.67 and a beta of 1.71. The business’s fifty day moving average price is GBX 13.61 and its 200-day moving average price is GBX 18.04.

OptiBiotix Health Company Profile

OptiBiotix Health Plc, a life sciences company, engages in the discovery and development of microbiome modulators primarily in the United Kingdom. The company identifies and develops microbial strains, compounds, and formulations for use in food ingredients, supplements, and active compounds that impacts human physiology deriving potential health benefits.