OptiBiotix Health (LON:OPTI) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

Shares of OptiBiotix Health Plc (LON:OPTI) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 17.65 ($0.22) and traded as low as GBX 15.61 ($0.19). OptiBiotix Health shares last traded at GBX 15.69 ($0.20), with a volume of 67,777 shares traded.

OptiBiotix Health Price Performance

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 business has a 50 day moving average price of GBX 17.65 and a 200-day moving average price of GBX 18.07. The company has a market capitalization of £15.67 million, a price-to-earnings ratio of -533.33 and a beta of 1.71.

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.