Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (OTCMKTS:RGEDF – Get Free Report) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 4,698 shares, a growth of 240.4% from the July 30th total of 1,380 shares. Based on an average trading volume of 4,164 shares, the days-to-cover ratio is presently 1.1 days.
Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. Trading Down 0.7%
Shares of RGEDF stock opened at $43.45 on Thursday. The stock has a fifty day simple moving average of $39.48 and a two-hundred day simple moving average of $37.44. Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. has a 52-week low of $29.00 and a 52-week high of $45.28.
Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. Company Profile
Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt., commonly known as Gedeon Richter, is a Hungarian multinational pharmaceutical company with roots dating back to 1901. Founded by pharmacist Gedeon Richter in Budapest, the company has grown into one of Central Europe’s leading drug manufacturers. Over more than a century of operation, Richter has established a strong reputation for both proprietary drug discovery and the development of high-quality generic medicines.
Richter’s principal business activities encompass research and development, production and marketing of pharmaceutical products.
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