Armistice Capital LLC Makes New $1.62 Million Investment in Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ:IINN)

Armistice Capital LLC purchased a new stake in shares of Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ:IINNFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,528,000 shares of the company’s stock, valued at approximately $1,620,000.

Inspira Technologies Oxy B.H.N. Trading Up 1.4 %

Shares of IINN opened at $2.12 on Thursday. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.10. The firm’s fifty day simple moving average is $2.03 and its two-hundred day simple moving average is $1.50. Inspira Technologies Oxy B.H.N. Ltd. has a 12 month low of $0.76 and a 12 month high of $2.49.

Inspira Technologies Oxy B.H.N. Company Profile

(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.

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