OptiBiotix Health (LON:OPTI) Stock Passes Below Fifty Day Moving Average – What’s Next?

OptiBiotix Health Plc (LON:OPTI)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 16.63 ($0.20) and traded as low as GBX 16.25 ($0.20). OptiBiotix Health shares last traded at GBX 16.25 ($0.20), with a volume of 75,363 shares changing hands.

OptiBiotix Health Trading Down 0.1 %

The business’s 50 day moving average price is GBX 16.72 and its two-hundred day moving average price is GBX 18.27. The company has a debt-to-equity ratio of 4.51, a quick ratio of 7.89 and a current ratio of 6.18. The company has a market capitalization of £16.27 million, a price-to-earnings ratio of -553.67 and a beta of 1.71.

OptiBiotix Health Company Profile

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.