Bone Biologics (NASDAQ:BBLG) Trading Down 2.4% – What’s Next?

Bone Biologics Co. (NASDAQ:BBLGGet Free Report)’s stock price traded down 2.4% during mid-day trading on Tuesday . The stock traded as low as $0.80 and last traded at $0.80. 24,534 shares were traded during mid-day trading, a decline of 98% from the average session volume of 1,407,702 shares. The stock had previously closed at $0.82.

Bone Biologics Price Performance

The business has a 50 day moving average price of $0.75 and a 200 day moving average price of $0.93.

Bone Biologics (NASDAQ:BBLGGet Free Report) last posted its quarterly earnings results on Monday, May 12th. The company reported ($0.32) EPS for the quarter, beating the consensus estimate of ($0.48) by $0.16. On average, research analysts predict that Bone Biologics Co. will post -5 EPS for the current fiscal year.

Bone Biologics Company Profile

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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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