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CytoDyn (OTCMKTS:CYDY) Stock Price Passes Above 50 Day Moving Average - What's Next?

CytoDyn logo with Medical background

CytoDyn Inc. (OTCMKTS:CYDY - Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.24 and traded as high as $0.24. CytoDyn shares last traded at $0.21, with a volume of 2,048,823 shares changing hands.

CytoDyn Price Performance

The company has a market capitalization of $282.23 million, a price-to-earnings ratio of -22.90 and a beta of 1.33. The business has a fifty day moving average price of $0.24 and a 200 day moving average price of $0.18.

CytoDyn Company Profile

(Get Free Report)

CytoDyn Inc, a clinical-stage biotechnology company, engages in the development of treatments for multiple therapeutic indications. The company is involved in the clinical development of leronlimab, a novel humanized monoclonal antibody targeting the C-C chemokine receptor type 5 receptor in the areas of COVID-19, human immunodeficiency virus (HIV), Metabolic dysfunction-associated steatohepatitis (MASH), and solid tumors in oncology, such as metastatic triple-negative breast cancer.

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