Ondine Biomedical (LON:OBI) Shares Down 11%

Ondine Biomedical Inc. (LON:OBIGet Free Report) shares traded down 11% on Tuesday . The stock traded as low as GBX 5.78 ($0.08) and last traded at GBX 5.88 ($0.08). 83,300 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 263,937 shares. The stock had previously closed at GBX 6.60 ($0.09).

Ondine Biomedical Stock Performance

The company’s 50 day moving average price is GBX 7.48 and its two-hundred day moving average price is GBX 7.68. The firm has a market cap of £15.60 million, a PE ratio of -137.50 and a beta of 0.10. The company has a quick ratio of 8.26, a current ratio of 1.36 and a debt-to-equity ratio of 25.95.

About Ondine Biomedical

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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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