Ondine Biomedical (LON:OBI) Trading 1.5% Higher – Still a Buy?

Ondine Biomedical Inc. (LON:OBIGet Free Report)’s share price rose 1.5% during trading on Friday . The company traded as high as GBX 8.25 ($0.10) and last traded at GBX 8.25 ($0.10). Approximately 29,881 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 331,950 shares. The stock had previously closed at GBX 8.13 ($0.10).

Ondine Biomedical Trading Up 1.5 %

The stock has a fifty day simple moving average of GBX 7.23 and a 200 day simple moving average of GBX 7.45. The company has a debt-to-equity ratio of 1,847.37, a quick ratio of 8.26 and a current ratio of 0.80. The firm has a market cap of £22.88 million, a P/E ratio of -275.00 and a beta of 0.10.

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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