Bone Biologics Co. (OTC:BBLG – Get Free Report)’s share price dropped 8.6% during trading on Thursday . The company traded as low as $2.55 and last traded at $2.55. Approximately 79,228 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 858,386 shares. The stock had previously closed at $2.79.
Bone Biologics Stock Down 8.6%
The stock has a 50 day moving average of $2.35 and a 200 day moving average of $3.67. The company has a market capitalization of $4.58 million, a price-to-earnings ratio of -0.05 and a beta of 0.65.
Bone Biologics Company Profile
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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