NIOX Group (LON:NIOX) Trading Up 3.3% – Here’s Why

NIOX Group Plc (LON:NIOX) shares were up 3.3% on Friday . The company traded as high as GBX 63.80 ($0.81) and last traded at GBX 63.40 ($0.80). Approximately 2,309,087 shares changed hands during mid-day trading, an increase of 242% from the average daily volume of 675,908 shares. The stock had previously closed at GBX 61.40 ($0.78).

NIOX Group Trading Up 3.3 %

The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.94 and a current ratio of 6.31. The firm has a market cap of £26.04 billion, a price-to-earnings ratio of 2,616.41 and a beta of 0.92. The business has a fifty day moving average of GBX 61.50 and a two-hundred day moving average of GBX 63.78.

Insider Activity at NIOX Group

In other news, insider Jonathan Emms acquired 31,604 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was purchased at an average cost of GBX 63 ($0.80) per share, with a total value of £19,910.52 ($25,155.43). 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.