Shares of Dare Bioscience Inc (NASDAQ:DARE) traded down 7% on Wednesday . The company traded as low as $1.08 and last traded at $1.06. 414,099 shares changed hands during mid-day trading, a decline of 11% from the average session volume of 463,374 shares. The stock had previously closed at $1.14.

Separately, ValuEngine upgraded shares of Dare Bioscience from a “strong sell” rating to a “sell” rating in a research report on Saturday, December 9th.

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Dare Bioscience Company Profile

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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