Shares of Ondine Biomedical Inc. (LON:OBI – Get Free Report) shot up 11.7% during trading on Thursday . The company traded as high as GBX 7.49 ($0.10) and last traded at GBX 7.40 ($0.10). 401,926 shares changed hands during trading, an increase of 56% from the average session volume of 257,324 shares. The stock had previously closed at GBX 6.63 ($0.09).
Ondine Biomedical Stock Up 11.7 %
The company’s 50-day simple moving average is GBX 6.61 and its two-hundred day simple moving average is GBX 7.17. The company has a debt-to-equity ratio of 1,847.37, a current ratio of 0.80 and a quick ratio of 8.26. The firm has a market capitalization of £20.52 million, a P/E ratio of -249.67 and a beta of 0.10.
About Ondine Biomedical
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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