PURE Bioscience (OTCMKTS:PURE) Shares Break Above Two Hundred Day Moving Average – Here’s What Happened

PURE Bioscience (OTCMKTS:PURE – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $0.07 and traded as high as $0.0802. PURE Bioscience shares last traded at $0.0769, with a volume of 1,850 shares trading hands.

PURE Bioscience Stock Performance

The company has a market cap of $11.29 million, a P/E ratio of -2.89 and a beta of 0.33. The company has a fifty day moving average price of $0.07 and a two-hundred day moving average price of $0.07.

PURE Bioscience Company Profile

(Get Free Report)

PURE Bioscience, Inc develops and commercializes antimicrobial products based on its proprietary silver dihydrogen citrate (SDC) technology. SDC is designed to provide broad-spectrum antimicrobial activity while serving as the active ingredient in disinfecting, sanitizing, and hygiene formulations.

The company’s product portfolio has included PURE-branded solutions for hard-surface disinfection and sanitation, as well as applications in food safety, commercial and industrial settings, healthcare, and other environments where microbial control is important.

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