Bone Biologics (OTC:BBLG) Trading Down 6.9% – Here’s Why

Shares of Bone Biologics Co. (OTC:BBLGGet Free Report) fell 6.9% during trading on Monday . The stock traded as low as $0.98 and last traded at $0.99. 1,045,269 shares changed hands during mid-day trading, an increase of 364% from the average session volume of 225,061 shares. The stock had previously closed at $1.06.

Bone Biologics Price Performance

The company has a fifty day moving average of $1.09 and a 200 day moving average of $1.43. The stock has a market cap of $2.46 million, a P/E ratio of -0.02 and a beta of 0.49.

About Bone Biologics

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Bone Biologics Corporation, a medical device company, focuses on bone regeneration in spinal fusion using the recombinant human protein. The company's NELL-1/DBM, an osteopromotive recombinant protein that provides target specific control over bone regeneration. It also develops NELL-1/DBM Fusion Device for use in spinal fusion procedures in skeletally mature patients with spinal degenerative disc disease at one level from L2-S1.

Further Reading

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