Polydex Pharmaceuticals (OTCMKTS:POLXF) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Polydex Pharmaceuticals Ltd. (OTCMKTS:POLXFGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.99 and traded as low as $1.9860. Polydex Pharmaceuticals shares last traded at $1.9860, with a volume of 2,000 shares changing hands.

Polydex Pharmaceuticals Price Performance

The stock has a 50 day moving average price of $1.99 and a 200-day moving average price of $1.99.

About Polydex Pharmaceuticals

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Polydex Pharmaceuticals Ltd. is a development stage company, which engages in manufacturing of bulk pharmaceutical intermediates for the worldwide veterinary pharmaceutical industry, and the development, manufacturing, and marketing of biotechnology-based products for the human pharmaceutical market. The firm focuses on Dextran and derivative products, including Iron Dextran and Dextran Sulphate and other specialty chemicals. The company was founded by Thomas C. Usher on June 14, 1979 and is headquartered in Toronto, Canada.

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