RemeGen (OTCMKTS:REGMF) Trading Down 7.7% – Should You Sell?

Shares of RemeGen Co., Ltd. (OTCMKTS:REGMFGet Free Report) dropped 7.7% on Wednesday . The stock traded as low as $9.93 and last traded at $9.93. Approximately 500 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 600 shares. The stock had previously closed at $10.7550.

RemeGen Trading Down 7.7%

The stock’s fifty day moving average is $11.63 and its two-hundred day moving average is $7.36.

About RemeGen

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RemeGen Co, Ltd., a biopharmaceutical company, engages in the discovery, development, and commercialization of biologics for the treatment of autoimmune, oncology, and ophthalmic diseases with unmet medical needs in Mainland China and the United States. The company offers Telitacicept (RC18) for use in the treatment of systemic lupus erythematosus an autoimmune disease and Disitamab Vedotin (RC48) for use in the treatment of various cancers.

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