enGene (NASDAQ:ENGNW) Trading Up 3.3% – Time to Buy?

enGene Holdings Inc. (NASDAQ:ENGNWGet Free Report) was up 3.3% during mid-day trading on Friday . The stock traded as high as $0.29 and last traded at $0.2890. Approximately 501 shares traded hands during trading, a decline of 97% from the average daily volume of 18,241 shares. The stock had previously closed at $0.2798.

enGene Price Performance

The business’s 50 day moving average is $0.77 and its 200-day moving average is $2.12.

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. The company was founded in 2023 and is based in Saint-Laurent, Canada.

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