Bone Biologics (OTC:BBLG) Trading Down 8.6% – Here’s What Happened

Bone Biologics Co. (OTC:BBLGGet Free Report)’s stock price fell 8.6% on Thursday . The company traded as low as $2.55 and last traded at $2.55. 79,228 shares changed hands during trading, a decline of 91% from the average session volume of 858,386 shares. The stock had previously closed at $2.79.

Bone Biologics Stock Down 8.6%

The business has a 50-day moving average price of $2.35 and a two-hundred day moving average price of $3.67. The company has a market capitalization of $4.58 million, a price-to-earnings ratio of -0.05 and a beta of 0.65.

About Bone Biologics

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Bone Biologics Corporation, a medical device company, focuses on bone regeneration in spinal fusion using the recombinant human protein. The company's NELL-1/DBM, an osteopromotive recombinant protein that provides target specific control over bone regeneration. It also develops NELL-1/DBM Fusion Device for use in spinal fusion procedures in skeletally mature patients with spinal degenerative disc disease at one level from L2-S1.

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