Ondine Biomedical Inc. (LON:OBI - Get Free Report) shares hit a new 52-week high on Friday after an insider bought additional shares in the company. The stock traded as high as C$13.30 and last traded at C$13.30, with a volume of 209400 shares changing hands. The stock had previously closed at C$12.50.
Specifically, insider Carolyn Cross bought 149,225 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The shares were bought at an average price of C$13.00 per share, for a total transaction of C$1,939,925.00.
Ondine Biomedical Price Performance
The company has a debt-to-equity ratio of 1,847.37, a current ratio of 0.80 and a quick ratio of 8.26. The firm's 50 day moving average is C$9.73 and its 200 day moving average is C$8.16. The firm has a market cap of C$3.40 billion, a P/E ratio of -408.33 and a beta of 0.10.
Ondine Biomedical Company Profile
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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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