Oxford BioDynamics (LON:OBD) Shares Up 9% – Still a Buy?

Oxford BioDynamics Plc (LON:OBDGet Free Report)’s stock price was up 9% during trading on Wednesday . The company traded as high as GBX 1.20 ($0.02) and last traded at GBX 1.03 ($0.01). Approximately 1,819,385 shares changed hands during trading, a decline of 3% from the average daily volume of 1,876,246 shares. The stock had previously closed at GBX 0.94 ($0.01).

Oxford BioDynamics Price Performance

The company has a 50-day moving average of GBX 1.46 and a 200 day moving average of GBX 4.69. The company has a debt-to-equity ratio of 370.22, a quick ratio of 2.80 and a current ratio of 0.68. The firm has a market cap of £3.43 million, a P/E ratio of -16.30 and a beta of 0.42.

Insider Activity

In related news, insider David Holbrook purchased 49,653 shares of the stock in a transaction dated Monday, October 28th. The stock was bought at an average cost of GBX 1 ($0.01) per share, with a total value of £496.53 ($631.24). 16.78% of the stock is currently owned by corporate insiders.

Oxford BioDynamics Company Profile

(Get Free Report)

Oxford BioDynamics Plc, a biotechnology company, discovers and develops biomarkers for use in the pharmaceutical and biotechnology industry primarily in the United States and the United Kingdom. The company provides EpiSwitch, a proprietary technology platform that enables screening, evaluation, validation, and monitoring of 3D genomic biomarkers to diagnose patients.

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