PURE Bioscience (OTCMKTS:PURE) Shares Cross Above 200 Day Moving Average – Here’s Why

PURE Bioscience (OTCMKTS:PUREGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.06 and traded as high as $0.07. PURE Bioscience shares last traded at $0.07, with a volume of 600 shares trading hands.

PURE Bioscience Price Performance

The stock’s 50-day moving average price is $0.07 and its 200-day moving average price is $0.06. The company has a market cap of $9.10 million, a P/E ratio of -2.33 and a beta of 0.16.

PURE Bioscience (OTCMKTS:PUREGet Free Report) last announced its earnings results on Monday, March 16th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $0.44 million for the quarter.

PURE Bioscience Company Profile

(Get Free Report)

PURE Bioscience, Inc is a San Diego, California–based company that develops and markets patented antimicrobial solutions for diverse industries. At the core of its technology portfolio is Silver Dihydrogen Citrate (SDC), an EPA-registered broad-spectrum biocide designed to neutralize bacteria, viruses, and fungi on contact. The company targets applications in food processing, water treatment, personal care, and medical device sanitation.

PURE’s product suite includes concentrate formulations and ready-to-use solutions.

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