Ondine Biomedical (LON:OBI) Reaches New 1-Year Low at $5.50

Ondine Biomedical Inc. (LON:OBIGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 5.50 ($0.07) and last traded at GBX 5.88 ($0.07), with a volume of 431829 shares trading hands. The stock had previously closed at GBX 6.25 ($0.08).

Ondine Biomedical Stock Performance

The company has a debt-to-equity ratio of 24.39, a quick ratio of 8.26 and a current ratio of 2.34. The company has a market capitalization of £13.32 million, a PE ratio of -99.08 and a beta of -0.14. The business’s 50-day moving average is GBX 8.76 and its 200-day moving average is GBX 9.32.

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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