Oxford BioDynamics (LON:OBD) Stock Jumps 20% – Time to Buy?

Shares of Oxford BioDynamics Plc (LON:OBD – Get Free Report) were up 20% during mid-day trading on Wednesday. The stock traded as high as GBX 0.12 and last traded at GBX 0.12. Approximately 150,116,031 shares traded hands during trading, an increase of 534% from the average session volume of 23,669,771 shares. The stock had previously closed at GBX 0.10.

Oxford BioDynamics Price Performance

The company has a current ratio of 2.01, a quick ratio of 2.80 and a debt-to-equity ratio of 131.61. The company has a market cap of £15.32 million, a P/E ratio of -0.57 and a beta of 0.42. The business’s fifty day moving average is GBX 0.12 and its 200 day moving average is GBX 0.15.

Oxford BioDynamics Company Profile

(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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