Inspira Technologies Oxy B.H.N. (NASDAQ:IINN) Stock Price Down 2.3%

Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ:IINN)’s stock price fell 2.3% on Thursday . The stock traded as low as $2.06 and last traded at $2.14. 66,940 shares changed hands during trading, a decline of 92% from the average session volume of 813,759 shares. The stock had previously closed at $2.19.

Inspira Technologies Oxy B.H.N. Stock Down 2.3 %

The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.10. The business’s 50-day simple moving average is $1.97 and its 200-day simple moving average is $1.44.

Institutional Investors Weigh In On Inspira Technologies Oxy B.H.N.

An institutional investor recently bought a new position in Inspira Technologies Oxy B.H.N. stock. Armistice Capital LLC acquired a new position in shares of Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ:IINN) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,528,000 shares of the company’s stock, valued at approximately $1,620,000. 12.72% of the stock is owned by institutional investors.

Inspira Technologies Oxy B.H.N. Company Profile

Inspira Technologies Oxy B.H.N. Ltd., a specialty medical device company, engages in the research, development, manufacture, and marketing of respiratory support technology to provide an alternative to invasive mechanical ventilation for the treatment of acute respiratory failure. Its lead product is the augmented respiration technology system, a respiratory support system comprising minimally invasive, portable dual lumen cannula, which is inserted into the jugular vein and utilizes extra-corporeal direct blood oxygenation to elevate and stabilize declining oxygen saturation levels.