Oxford BioDynamics (LON:OBD) Shares Up 39% – Should You Buy?

Oxford BioDynamics Plc (LON:OBDGet Free Report)’s share price shot up 39% during trading on Wednesday . The stock traded as high as GBX 0.70 ($0.01) and last traded at GBX 0.70 ($0.01). 95,053,336 shares traded hands during mid-day trading, an increase of 900% from the average session volume of 9,501,976 shares. The stock had previously closed at GBX 0.50 ($0.01).

Oxford BioDynamics Stock Up 19.4 %

The firm’s 50-day moving average price is GBX 1.05 and its two-hundred day moving average price is GBX 3.02. The company has a debt-to-equity ratio of 370.22, a quick ratio of 2.80 and a current ratio of 0.68. The firm has a market cap of £1.86 million, a PE ratio of -9.95 and a beta of 0.42.

About Oxford BioDynamics

(Get Free Report)

Oxford BioDynamics Plc is a global biotechnology company, advancing personalized healthcare by developing and commercializing precision medicine tests for life-changing diseases.

Its flagship product is EpiSwitch® CiRT (Checkpoint Inhibitor Response Test) for cancer, a predictive immune response profile for immuno-oncology (IO) checkpoint inhibitor treatments, launched in February 2022.

In March 2021, the Company launched its first commercial prognostic test, EpiSwitch® CST (Covid Severity Test) and the first commercially available microarray kit for high-resolution 3D genome profiling and biomarker discovery, EpiSwitch® Explorer Array Kit.

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