Exopharm Limited (ASX:EX1)’s stock price dropped 1.3% during mid-day trading on Thursday . The stock traded as low as A$0.39 ($0.28) and last traded at A$0.40 ($0.28), approximately 32,500 shares changed hands during trading. The stock had previously closed at A$0.40 ($0.28).
The stock has a market cap of $37.67 million and a PE ratio of -9.88.
In related news, insider Jason Watson 100,000 shares of the company’s stock in a transaction that occurred on Friday, September 13th.
Exopharm Limited, a biopharmaceutical company, focuses on developing and commercializing clinical human therapeutics in Australia. It is developing Plexaris, an exosome derived from human platelets; and Exomeres, an exosome derived from adult stem cells. The company was founded in 2003 and is headquartered in Melbourne, Australia.
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