OptiBiotix Health (LON:OPTI) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

OptiBiotix Health Plc (LON:OPTI) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 company has a quick ratio of 7.89, a current ratio of 6.18 and a debt-to-equity ratio of 4.51. The firm has a market cap of £16.27 million, a price-to-earnings ratio of -553.67 and a beta of 1.71. The company has a 50-day moving average price of GBX 16.72 and a 200 day moving average price of GBX 18.27.

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.