Ondine Biomedical (LON:OBI) Stock Price Up 1.5% – Time to Buy?

Ondine Biomedical Inc. (LON:OBIGet Free Report) shares traded up 1.5% during mid-day trading on Friday . The stock traded as high as GBX 8.25 ($0.10) and last traded at GBX 8.25 ($0.10). 29,881 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 331,950 shares. The stock had previously closed at GBX 8.13 ($0.10).

Ondine Biomedical Price Performance

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

Ondine Biomedical Company Profile

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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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