NIOX Group (LON:NIOX) Trading Up 3.3% – Here’s Why

NIOX Group Plc (LON:NIOX)’s stock price was up 3.3% during trading on Friday . The stock traded as high as GBX 63.80 ($0.81) and last traded at GBX 63.40 ($0.80). Approximately 2,309,087 shares traded hands during trading, an increase of 242% from the average daily volume of 675,908 shares. The stock had previously closed at GBX 61.40 ($0.78).

NIOX Group Price Performance

The company has a market capitalization of £26.04 billion, a P/E ratio of 2,616.41 and a beta of 0.92. The company has a fifty day moving average price of GBX 61.50 and a 200 day moving average price of GBX 63.78. The company has a debt-to-equity ratio of 1.10, a current ratio of 6.31 and a quick ratio of 1.94.

Insider Activity

In related news, insider Jonathan Emms bought 31,604 shares of the stock in a transaction dated Wednesday, December 18th. The stock was bought at an average cost of GBX 63 ($0.80) per share, with a total value of £19,910.52 ($25,155.43). Corporate insiders own 46.72% of the company’s stock.

NIOX Group Company Profile

NIOX Group Plc engages in the design, development, and commercialization of medical devices for the measurement of fractional exhaled nitric oxide (FeNo) worldwide. Its products include NIOX VERO, a non-invasive and point-of-care system that comprises a small portable device and a range of consumables, including sensors, individual disposable mouthpieces, and breathing handles for the measurement of FeNo level in patients.