Inspira Technologies Oxy B.H.N. (NASDAQ:IINNW) Shares Down 16.6% – Here’s Why

Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ:IINNWGet Free Report)’s share price fell 16.6% on Wednesday . The company traded as low as $0.29 and last traded at $0.29. 9,349 shares were traded during mid-day trading, an increase of 71% from the average session volume of 5,479 shares. The stock had previously closed at $0.35.

Inspira Technologies Oxy B.H.N. Stock Performance

The company has a 50 day moving average of $0.33 and a two-hundred day moving average of $0.41.

About Inspira Technologies Oxy B.H.N.

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Inspira Technologies Oxy B.H.N. Ltd., a specialty medical device company, engages in the research, development, manufacture, and marketing of proprietary life support technology for the treatment of acute respiratory failure. Its lead product is the INSPIRA augmented respiration technology (Gen 2) device, a life support designed to provide Adaptive Blood Oxygenation that to elevate and stabilize declining oxygen saturation levels.

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