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Ondine Biomedical (LON:OBI) Stock Price Up 0.2% - What's Next?

Ondine Biomedical logo with Medical background

Ondine Biomedical Inc. (LON:OBI - Get Free Report)'s stock price shot up 0.2% during mid-day trading on Friday . The stock traded as high as C$8.52 and last traded at C$8.52. 16,596 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 240,821 shares. The stock had previously closed at C$8.50.

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 company has a 50-day moving average price of C$9.08 and a 200-day moving average price of C$9.59. The firm has a market capitalization of C$64.71 million, a PE ratio of -2.71 and a beta of 0.10.

About Ondine Biomedical

(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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