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CytoDyn (OTCMKTS:CYDY) Shares Down 4% - Should You Sell?

CytoDyn logo with Medical background

CytoDyn Inc. (OTCMKTS:CYDY - Get Free Report) shares dropped 4% during trading on Monday . The stock traded as low as $0.14 and last traded at $0.14. Approximately 2,274,842 shares were traded during trading, a decline of 11% from the average daily volume of 2,542,370 shares. The stock had previously closed at $0.15.

CytoDyn Trading Down 4.0 %

The firm has a fifty day moving average of $0.15 and a 200 day moving average of $0.15. The company has a market capitalization of $150.77 million, a P/E ratio of -2.85 and a beta of 0.13.

CytoDyn (OTCMKTS:CYDY - Get Free Report) last posted its earnings results on Tuesday, October 15th. The biotechnology company reported $0.02 EPS for the quarter.

About CytoDyn

(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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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