BioLargo (NASDAQ:BLGO) Shares Down 4.7% – Here’s What Happened

BioLargo, Inc. (NASDAQ:BLGOGet Free Report) shares dropped 4.7% during mid-day trading on Monday . The stock traded as low as $0.19 and last traded at $0.19. Approximately 268,027 shares were traded during trading, a decline of 6% from the average daily volume of 286,612 shares. The stock had previously closed at $0.20.

BioLargo Stock Down 4.0 %

The company has a current ratio of 2.31, a quick ratio of 2.24 and a debt-to-equity ratio of 0.03. The stock has a 50 day simple moving average of $0.20 and a 200 day simple moving average of $0.24. The firm has a market capitalization of $54.17 million, a PE ratio of -18.00 and a beta of 0.18.

About BioLargo

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BioLargo, Inc invents, develops, and commercializes various platform technologies. Its technologies solve challenging environmental problems comprising per – and polyfluoroalkyl substances (PFAS) water contamination, advanced water and wastewater treatment, industrial odor and volatile organic compounds control, air quality control, infection control, and myriad environmental remediation.

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