NIOX Group (LON:NIOX) Trading Down 0.3% – Here’s Why

NIOX Group Plc (LON:NIOX) shares traded down 0.3% during mid-day trading on Thursday . The stock traded as low as GBX 58.02 ($0.72) and last traded at GBX 59.80 ($0.74). 71,954 shares traded hands during trading, a decline of 88% from the average session volume of 613,943 shares. The stock had previously closed at GBX 60 ($0.75).

NIOX Group Stock Down 0.3 %

The stock has a market capitalization of £253.63 million, a price-to-earnings ratio of 2,990.00 and a beta of 0.92. The company has a debt-to-equity ratio of 1.10, a current ratio of 6.32 and a quick ratio of 1.94. The firm has a 50-day moving average of GBX 61.97 and a 200 day moving average of GBX 64.18.

Insider Buying and Selling

In other NIOX Group news, insider Jonathan Emms bought 31,604 shares of NIOX Group stock in a transaction dated Wednesday, December 18th. The stock was bought at an average cost of GBX 63 ($0.78) per share, for a total transaction of £19,910.52 ($24,727.42). 46.72% of the stock is owned by corporate insiders.

About NIOX Group

NIOX Group Plc engages in the design, development, and commercialization of medical devices for the measurement of fractional exhaled nitric oxide (FeNo) worldwide. Its products include NIOX VERO, a non-invasive and point-of-care system that comprises a small portable device and a range of consumables, including sensors, individual disposable mouthpieces, and breathing handles for the measurement of FeNo level in patients.