BioForce Nanosciences (OTCMKTS:BFNH) Stock Price Down 28.4% – Here’s Why

Shares of BioForce Nanosciences Holdings Inc. (OTCMKTS:BFNH) fell 28.4% on Tuesday . The company traded as low as $0.35 and last traded at $0.35. 770 shares were traded during trading, an increase of 1,674% from the average session volume of 43 shares. The stock had previously closed at $0.4887.

BioForce Nanosciences Stock Down 28.4%

The firm has a market capitalization of $11.73 million, a P/E ratio of -8.75 and a beta of -0.70. The firm’s 50-day simple moving average is $0.52 and its 200-day simple moving average is $0.61.

BioForce Nanosciences Company Profile

BioForce Nanosciences, Inc develops and markets precision instrumentation and proprietary technologies for the production and application of nanoscale materials. Its core platform employs nozzle-driven electrohydrodynamic processes to generate and deposit nanofibers, nanowires and nanoparticles with tight control over diameter, morphology and spatial arrangement. By tailoring electric field parameters and solution properties, the technology enables reproducible fabrication of structures at the nanometer scale.

The company’s product portfolio includes desktop electrospinning systems for nanofiber fabrication, electrospray modules for nanoparticle synthesis and integrated tools for bioprinting and surface patterning.