Unilife Corp. (NASDAQ:UNIS) shot up 4% during trading on Wednesday . The stock traded as high as $3.91 and last traded at $3.65, with a volume of 66,371 shares. The stock had previously closed at $3.51.

The company’s market capitalization is $56.87 million. The company has a 50 day moving average of $3.39 and a 200 day moving average of $6.21.

Unilife Corporation is a medical device manufacturer and component supplier. The Company is engaged in the designing, development and manufacturing of injectable drug delivery systems. It has a portfolio of product platforms, including pre-filled syringes, wearable injectors, insulin delivery systems, disposable and reusable auto-injectors, drug reconstitution delivery systems, ocular delivery systems and other systems.

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