Ondine Biomedical (LON:OBI) Stock Price Down 2% – Time to Sell?

Ondine Biomedical Inc. (LON:OBIGet Free Report) traded down 2% on Tuesday . The company traded as low as GBX 8.58 ($0.11) and last traded at GBX 8.62 ($0.11). 158,609 shares traded hands during mid-day trading, a decline of 6% from the average session volume of 168,652 shares. The stock had previously closed at GBX 8.80 ($0.11).

Ondine Biomedical Price Performance

The firm has a 50-day moving average of GBX 8.28 and a 200-day moving average of GBX 7.63. The stock has a market cap of £23.90 million, a PE ratio of -287.33 and a beta of 0.10. The company has a debt-to-equity ratio of 1,847.37, a current ratio of 0.80 and a quick ratio of 8.26.

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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