PURE Bioscience (PURE) Stock Rating Lowered by ValuEngine

PURE Bioscience (OTCMKTS:PURE) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a report released on Tuesday.

Shares of PURE Bioscience (OTCMKTS:PURE) traded down 0.99% during midday trading on Tuesday, hitting $1.00. The stock had a trading volume of 18,500 shares. The firm’s market cap is $62.71 million. PURE Bioscience has a 12 month low of $0.75 and a 12 month high of $1.36. The stock’s 50 day moving average price is $1.18 and its 200 day moving average price is $1.07.

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About PURE Bioscience

PURE Bioscience, Inc is focused on developing and commercializing antimicrobial products that provide solutions to the health and environmental challenges of pathogen and hygienic control. The Company’s technology platform is based on stabilized ionic silver and its products contain silver dihydrogen citrate (SDC).

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