BioForce Nanosciences (OTCMKTS:BFNH) Stock Price Up 1.8% – Should You Buy?

BioForce Nanosciences Holdings Inc. (OTCMKTS:BFNH)’s stock price shot up 1.8% on Tuesday . The stock traded as high as $0.5780 and last traded at $0.5780. 9,586 shares changed hands during mid-day trading, an increase of 374% from the average session volume of 2,022 shares. The stock had previously closed at $0.5679.

BioForce Nanosciences Stock Up 1.8%

The company’s 50 day moving average price is $0.62 and its 200-day moving average price is $0.68. The stock has a market cap of $19.37 million, a P/E ratio of -14.45 and a beta of -0.59.

About BioForce Nanosciences

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.