PURE Bioscience (OTCMKTS:PURE) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

PURE Bioscience (OTCMKTS:PURE – Get Free Report) shares passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $0.07 and traded as low as $0.0621. PURE Bioscience shares last traded at $0.0686, with a volume of 36,910 shares trading hands.

PURE Bioscience Price Performance

The business’s 50 day moving average price is $0.07 and its 200 day moving average price is $0.07. The stock has a market capitalization of $8.92 million, a P/E ratio of -3.43 and a beta of 0.33.

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 and is used as an active ingredient in formulations intended for applications such as surface disinfection, sanitation and odor control.

The company’s product portfolio has included PureGreen24, a disinfectant and sanitizer marketed for use on hard, nonporous surfaces in commercial, institutional, industrial and residential settings.

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