Shares of Collagen Solutions PLC (LON:COS) rose 1.6% on Wednesday . The company traded as high as GBX 4.06 ($0.05) and last traded at GBX 4.06 ($0.05), approximately 38,758 shares changed hands during mid-day trading. A decline of 87% from the average daily volume of 293,832 shares. The stock had previously closed at GBX 4 ($0.05).
The company has a current ratio of 1.44, a quick ratio of 1.25 and a debt-to-equity ratio of 16.26. The stock has a 50 day simple moving average of GBX 4.01. The firm has a market cap of $17.97 million and a price-to-earnings ratio of -8.10.
About Collagen Solutions (LON:COS)
Collagen Solutions plc sources, develops, manufactures, and supplies medical grade collagen components and biomaterials for use in research, regenerative medicines, medical devices, and in-vitro diagnostics in Europe, the Middle East, Africa, North America, and Asia. It offers collagen soluble collagen, collagen powders, fibrillars, collagen gels, freeze dried collagen, and other products for use in orthopaedic, sports medicine, dental, wound care, cardiovascular, general, plastic, and reconstructive surgeries, as well as 3D cell culture research; Bovine Pericardium is used in bio-prosthetic heart valves, dural closures, bone and dental membranes, and surgical buttressing applications; and BSE-free bovine biomaterials.
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