CytoDyn (OTCMKTS:CYDY) Share Price Crosses Below 50 Day Moving Average – What’s Next?

CytoDyn Inc. (OTCMKTS:CYDYGet Free Report)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.24 and traded as low as $0.23. CytoDyn shares last traded at $0.24, with a volume of 1,440,438 shares.

CytoDyn Stock Performance

The company has a market capitalization of $287.28 million, a P/E ratio of -23.31 and a beta of -0.28. The stock has a fifty day moving average of $0.24 and a 200 day moving average of $0.17.

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

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