Bone Biologics (OTC:BBLG) Trading Down 1.9% – Here’s Why

Bone Biologics Co. (OTC:BBLGGet Free Report)’s share price was down 1.9% on Tuesday . The stock traded as low as $1.01 and last traded at $1.02. Approximately 44,014 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 216,571 shares. The stock had previously closed at $1.04.

Bone Biologics Price Performance

The firm has a market capitalization of $2.54 million, a price-to-earnings ratio of -0.02 and a beta of 0.55. The stock has a fifty day moving average of $1.04 and a two-hundred day moving average of $1.37.

About Bone Biologics

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Bone Biologics Corporation, a medical device company, focuses on bone regeneration in spinal fusion using the recombinant human protein. The company's NELL-1/DBM, an osteopromotive recombinant protein that provides target specific control over bone regeneration. It also develops NELL-1/DBM Fusion Device for use in spinal fusion procedures in skeletally mature patients with spinal degenerative disc disease at one level from L2-S1.

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