Inspira Technologies Oxy B.H.N. (NASDAQ:IINN) Shares Down 2.1% – Should You Sell?

Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ:IINNGet Free Report) traded down 2.1% during mid-day trading on Friday . The company traded as low as $1.15 and last traded at $1.17. 106,081 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 417,584 shares. The stock had previously closed at $1.20.

Inspira Technologies Oxy B.H.N. Trading Down 2.1 %

The business has a 50-day moving average price of $1.32 and a 200-day moving average price of $1.33. The company has a current ratio of 2.23, a quick ratio of 2.13 and a debt-to-equity ratio of 0.09.

Institutional Trading of Inspira Technologies Oxy B.H.N.

A hedge fund recently bought a new stake in Inspira Technologies Oxy B.H.N. stock. Renaissance Technologies LLC bought a new stake in Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ:IINNFree Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 24,497 shares of the company’s stock, valued at approximately $34,000. Renaissance Technologies LLC owned 0.19% of Inspira Technologies Oxy B.H.N. at the end of the most recent reporting period. 12.72% of the stock is currently owned by institutional investors and hedge funds.

Inspira Technologies Oxy B.H.N. Company Profile

(Get Free Report)

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.

Further Reading

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