Bone Biologics (NASDAQ:BBLGW) Stock Price Down 64.9% – Here’s Why

Bone Biologics Co. (NASDAQ:BBLGWGet Free Report)’s share price dropped 64.9% during trading on Tuesday . The company traded as low as $4.70 and last traded at $20.80. Approximately 1,388 shares traded hands during trading, a decline of 41% from the average daily volume of 2,343 shares. The stock had previously closed at $59.22.

Bone Biologics Stock Down 64.9 %

The business has a fifty day moving average of $55.71 and a 200 day moving average of $50.54.

Bone Biologics Company Profile

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Bone Biologics Corporation, a medical device company, focuses on bone regeneration in spinal fusion using the recombinant human protein. The company's NELL-1/DBM, an osteopromotive recombinant protein that provides target specific control over bone regeneration. It also develops NELL-1/DBM Fusion Device for use in spinal fusion procedures in skeletally mature patients with spinal degenerative disc disease at one level from L2-S1.

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