Unilife Corp. (NASDAQ:UNIS)’s share price shot up 9.4% during trading on Thursday . The stock traded as high as $3.73 and last traded at $3.73, with a volume of 106,358 shares trading hands. The stock had previously closed at $3.41.

The company’s 50-day moving average is $3.44 and its 200-day moving average is $6.14. The stock’s market capitalization is $55.39 million.

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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