OptiBiotix Health (LON:OPTI) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

OptiBiotix Health Plc (LON:OPTI) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 16.15 ($0.21) and traded as high as GBX 17 ($0.22). OptiBiotix Health shares last traded at GBX 16.44 ($0.21), with a volume of 381,176 shares changing hands.

OptiBiotix Health Price Performance

The stock has a 50-day moving average price of GBX 17.12 and a two-hundred day moving average price of GBX 16.15. The stock has a market cap of £16.10 million, a PE ratio of -5.20 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.