OptiBiotix Health (LON:OPTI) Trading Down 0.8% – Here’s Why

OptiBiotix Health Plc (LON:OPTI)’s stock price was down 0.8% during trading on Wednesday . The stock traded as low as GBX 17.37 ($0.21) and last traded at GBX 17.37 ($0.21). Approximately 27,744 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 114,657 shares. The stock had previously closed at GBX 17.50 ($0.21).

OptiBiotix Health Stock Down 2.6 %

The firm’s 50 day simple moving average is GBX 16.09 and its 200 day simple moving average is GBX 18.20. The company has a market cap of £16.70 million, a price-to-earnings ratio of -568.33 and a beta of 1.71. The company has a quick ratio of 7.89, a current ratio of 6.18 and a debt-to-equity ratio of 4.51.

About OptiBiotix Health

OptiBiotix Health plc (AIM: OPTI), which was formed in March 2012, brings science to the development of compounds which modify the human microbiome – the collective genome of the microbes in the body – in order to prevent and manage human disease and promote wellness.

OptiBiotix has an extensive R&D programme working with leading academics in the development of microbial strains, compounds, and formulations which are used as active ingredients and supplements.