enGene (NASDAQ:ENGNW) Trading Up 3.8% – Here’s Why

enGene Holdings Inc. (NASDAQ:ENGNWGet Free Report) shares were up 3.8% during trading on Thursday . The company traded as high as $2.49 and last traded at $2.49. Approximately 2,031 shares changed hands during trading, a decline of 82% from the average daily volume of 11,448 shares. The stock had previously closed at $2.40.

enGene Price Performance

The firm has a fifty day simple moving average of $2.32 and a two-hundred day simple moving average of $1.32.

enGene Company Profile

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enGene Holdings Inc, through its subsidiary enGene, Inc, operates as a clinical-stage biotechnology company that develops genetic medicines through the delivery of therapeutics to mucosal tissues and other organs. Its lead product candidate is EG-70 (detalimogene voraplasmid), which is a non-viral immunotherapy to treat non-muscle invasive bladder cancer patients with carcinoma-in-situ (Cis), who are unresponsive to treatment with Bacillus Calmette-Guérin.

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