Ondine Biomedical (LON:OBI) Stock Price Up 26.8%

Ondine Biomedical Inc. (LON:OBIGet Free Report) shot up 26.8% during mid-day trading on Friday . The company traded as high as GBX 6.50 ($0.08) and last traded at GBX 6.50 ($0.08). 490,817 shares changed hands during mid-day trading, an increase of 89% from the average session volume of 259,447 shares. The stock had previously closed at GBX 5.13 ($0.06).

Ondine Biomedical Stock Up 28.8 %

The company has a market capitalization of £14.97 million, a price-to-earnings ratio of -110.00 and a beta of -0.15. The company has a quick ratio of 8.26, a current ratio of 2.34 and a debt-to-equity ratio of 24.39. The business has a 50-day moving average price of GBX 8.21 and a 200-day moving average price of GBX 9.23.

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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