HaloSource (LON:HALO) Stock Falls 19.4% – Here’s Why

HaloSource Co. (LON:HALO – Get Free Report)’s stock price traded down 19.4% during mid-day trading on Tuesday. The company traded as low as GBX 7.15 and last traded at GBX 7.25. 2,021,523 shares were traded during trading, an increase of 274% from the average session volume of 540,858 shares. The stock had previously closed at GBX 9.

HaloSource Price Performance

The stock has a 50-day moving average price of GBX 9.62. The firm has a market cap of £8.03 million and a PE ratio of -1.95.

HaloSource Company Profile

(Get Free Report)

HaloSource, Inc, a clean water technology company, develops and manufactures products for drinking water treatment solutions worldwide. It operates through Drinking Water segment. The company's technologies are based on proprietary polymer chemistries that can be applied to commonplace synthetic starting materials in a range of applications. It offers HaloPure disinfecting pitcher that provides germ-free drinking water at home or office; HaloPure pitcher cartridge, which provides treated drinking water at home or office; and HaloPure under-the-candle cartridge.

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