Ondine Biomedical (LON:OBI) Trading Up 33.3%

Shares of Ondine Biomedical Inc. (LON:OBIGet Free Report) rose 33.3% during mid-day trading on Tuesday . The company traded as high as GBX 8.24 ($0.11) and last traded at GBX 7.50 ($0.10). Approximately 506,731 shares traded hands during trading, an increase of 93% from the average daily volume of 262,873 shares. The stock had previously closed at GBX 5.63 ($0.08).

Ondine Biomedical Price Performance

The company has a debt-to-equity ratio of 25.95, a current ratio of 1.36 and a quick ratio of 8.26. The firm has a market capitalization of £19.41 million, a P/E ratio of -140.63 and a beta of 0.10. The company’s 50 day moving average price is GBX 7.28 and its 200 day moving average price is GBX 7.58.

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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