OptiBiotix Health (LON:OPTI) Shares Up 10% – Here’s Why

OptiBiotix Health Plc (LON:OPTI) traded up 10% during trading on Tuesday . The stock traded as high as GBX 18 ($0.24) and last traded at GBX 17.60 ($0.23). 360,684 shares changed hands during trading, an increase of 44% from the average session volume of 250,807 shares. The stock had previously closed at GBX 16 ($0.21).

OptiBiotix Health Stock Performance

The business has a fifty day moving average of GBX 16.84 and a two-hundred day moving average of GBX 15.97. The firm has a market capitalization of £17.26 million, a price-to-earnings ratio of -5.58 and a beta of 1.71.

OptiBiotix Health Company Profile

OptiBiotix Health plc (AIM: OPTI), which was formed in March 2012, brings science to the development of compounds which modify the human microbiome – the collective genome of the microbes in the body – in order to prevent and manage human disease and promote wellness.

OptiBiotix has an extensive R&D programme working with leading academics in the development of microbial strains, compounds, and formulations which are used as active ingredients and supplements.