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NIOX Group (LON:NIOX) Trading Up 1.7% - Still a Buy?

NIOX Group logo with Medical background

NIOX Group Plc (LON:NIOX - Get Free Report)'s stock price was up 1.7% during mid-day trading on Wednesday . The company traded as high as GBX 62 ($0.79) and last traded at GBX 61.40 ($0.78). Approximately 198,762 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 928,731 shares. The stock had previously closed at GBX 60.40 ($0.77).

NIOX Group Stock Up 2.3 %

The business's fifty day simple moving average is GBX 64 and its two-hundred day simple moving average is GBX 65.83. The company has a market cap of £266.35 million, a PE ratio of 3,056.20 and a beta of 0.92. The company has a debt-to-equity ratio of 1.10, a current ratio of 6.32 and a quick ratio of 1.94.

Insider Buying and Selling at NIOX Group

In other news, insider Garry Watts sold 27,109 shares of NIOX Group stock in a transaction dated Friday, October 25th. The shares were sold at an average price of GBX 80 ($1.01), for a total value of £21,687.20 ($27,490.43). 46.72% of the stock is owned by corporate insiders.

About NIOX Group

(Get Free Report)

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.

Further Reading

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