Starpharma (OTCMKTS:SPHRY) Trading Down 10.9% – Here’s Why

Starpharma Holdings Limited (OTCMKTS:SPHRYGet Free Report)’s stock price dropped 10.9% during mid-day trading on Thursday . The stock traded as low as $0.55 and last traded at $0.55. Approximately 13,834 shares changed hands during trading, an increase of 361% from the average daily volume of 3,001 shares. The stock had previously closed at $0.62.

Starpharma Stock Performance

The business has a 50-day simple moving average of $0.67 and a 200 day simple moving average of $0.65. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.94 and a quick ratio of 4.58.

About Starpharma

(Get Free Report)

Starpharma Holdings Limited, a biopharmaceutical company, engages in the research, development, and commercialization of dendrimer products for pharmaceutical, life-science, and other applications worldwide. The company offers VivaGel BV, a non-antibiotic vaginal gel for the treatment of bacterial vaginosis and prevention of recurrent BV; VIRALEZE, an antiviral nasal spray; and VivaGel condom, an antiviral condom.

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