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Ondine Biomedical (LON:OBI) Trading 0.2% Higher - Still a Buy?

Ondine Biomedical logo with Medical background

Shares of Ondine Biomedical Inc. (LON:OBI - Get Free Report) traded up 0.2% during trading on Friday . The company traded as high as C$8.52 and last traded at C$8.52. 16,596 shares were traded during 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 Stock Down 0.2%

The company has a market cap of C$61.12 million, a P/E ratio of -2.56 and a beta of 0.10. The stock has a 50 day moving average price of C$9.18 and a 200 day moving average price of C$9.61. The company has a debt-to-equity ratio of 25.95, a quick ratio of 8.26 and a current ratio of 1.36.

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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