NIOX Group (LON:NIOX) Shares Up 3.3% – Time to Buy?

NIOX Group Plc (LON:NIOX)’s stock price shot up 3.3% on Friday . The stock traded as high as GBX 63.80 ($0.81) and last traded at GBX 63.40 ($0.80). 2,309,087 shares were traded during mid-day trading, an increase of 242% from the average session volume of 675,908 shares. The stock had previously closed at GBX 61.40 ($0.78).

NIOX Group Trading Up 3.3 %

The firm has a market cap of £26.04 billion, a PE ratio of 2,616.41 and a beta of 0.92. The company’s fifty day moving average price is GBX 61.50 and its two-hundred day moving average price is GBX 63.79. The company has a quick ratio of 1.94, a current ratio of 6.31 and a debt-to-equity ratio of 1.10.

Insider Activity

In related news, insider Jonathan Emms acquired 31,604 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The shares were purchased at an average price of GBX 63 ($0.80) per share, with a total value of £19,910.52 ($25,155.43). Insiders own 46.72% of the company’s stock.

NIOX Group Company Profile

NIOX Group Plc engages in the design, development, and commercialization of medical devices for the measurement of fractional exhaled nitric oxide (FeNo) worldwide. Its products include NIOX VERO, a non-invasive and point-of-care system that comprises a small portable device and a range of consumables, including sensors, individual disposable mouthpieces, and breathing handles for the measurement of FeNo level in patients.