Why is the Atomo (ASX:AT1) share price trending downwards?

The Atomo Diagnostics Limited (ASX: AT1) share price is down 16% since this time last month. With no news from the company, what’s been driving its share price lower lately?

At the time of writing, the Atomo share price is 24 cents, just 1 cent above its all-time lowest closing price.

Let’s look at what’s been going on with the company’s share price over the last few months.

What does Atomo Diagnostics do?

Atomo Diagnostics is an Australian medical device company that supplies the global market with blood-based rapid diagnostic test (RDT) devices.

It aims to provide technology that simplifies and improves the accuracy of the blood testing process. 

The company offers products for both medical professionals and people who…