NIOX Group (LON:NIOX) Shares Down 0.9% - Here's What Happened

NIOX Group Plc (LON:NIOX - Get Free Report) was down 0.9% on Friday . The company traded as low as GBX 63.20 ($0.80) and last traded at GBX 63.60 ($0.80). Approximately 65,649 shares changed hands during trading, a decline of 93% from the average daily volume of 985,164 shares. The stock had previously closed at GBX 64.20 ($0.81).

NIOX Group Stock Down 0.9 %

The company has a market cap of £269.75 million, a P/E ratio of 3,180.00 and a beta of 0.92. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.94 and a current ratio of 6.32. The stock has a 50-day moving average of GBX 65.53 and a two-hundred day moving average of GBX 67.13.

Insiders Place Their Bets

In related news, insider Garry Watts sold 27,109 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of GBX 80 ($1.01), for a total value of £21,687.20 ($27,331.06). Insiders own 46.72% of the company's stock.

About NIOX Group

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.