Dare Bioscience Inc (NASDAQ:DARE) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $1.14 and last traded at $1.12, with a volume of 478142 shares changing hands. The stock had previously closed at $1.22.
Separately, ValuEngine raised shares of Dare Bioscience from a “strong sell” rating to a “sell” rating in a research note on Saturday, December 9th.
The stock has a market capitalization of $7.38, a price-to-earnings ratio of -0.51 and a beta of 2.68.
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About Dare Bioscience
Dare Bioscience, Inc, formerly Cerulean Pharma Inc, is a healthcare company. The Company is focused on the development and commercialization of products in women’s reproductive health. Its lead product candidate is Ovaprene, a clinical stage, non-hormonal contraceptive ring. The Company is developing Ovaprene to provide protection over multiple weeks of use and require no intervention at the time of intercourse.
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