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Ondine Biomedical (LON:OBI) Hits New 12-Month High - Time to Buy?

Ondine Biomedical logo with Medical background

Ondine Biomedical Inc. (LON:OBI - Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as C$15.00 and last traded at C$14.40, with a volume of 1843874 shares traded. The stock had previously closed at C$14.40.

Ondine Biomedical Price Performance

The company has a debt-to-equity ratio of 25.95, a current ratio of 1.36 and a quick ratio of 8.26. The stock has a 50-day moving average of C$9.79 and a 200 day moving average of C$10.03. The company has a market cap of C$102.46 million, a P/E ratio of -4.29 and a beta of 0.10.

Ondine Biomedical Company Profile

(Get Free Report)

Ondine Biomedical is a life sciences company leading the charge in breakthrough photodisinfection-based therapies to prevent and treat serious infections, including those caused by existing, emerging, and antimicrobial-resistant pathogens. Our vision is a world free from infections. We have created a patented, platform technology (photodisinfection) to provide simple solutions to complex infections across different therapeutic areas in healthcare and industry settings.

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