Hydromer, Inc. (OTCMKTS:HYDI – Get Free Report)’s share price rose 309.1% during trading on Monday . The company traded as high as $0.45 and last traded at $0.45. Approximately 2,500 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 7,900 shares. The stock had previously closed at $0.11.
Hydromer Stock Up 309.1%
The business’s fifty day moving average price is $0.09 and its 200 day moving average price is $0.12.
About Hydromer
Hydromer, traded on the OTCMKTS under the symbol HYDI, is a specialty materials company focused on the development and commercialization of advanced polymer coatings, adhesives and hydrogels. Headquartered in Pomona, California, Hydromer supplies proprietary hydrophilic and hydrophobic coatings that enhance the surface properties of medical devices, diagnostic test components, and industrial membranes. Its technology platform encompasses water-based polymer chemistries designed to improve lubricity, biocompatibility, barrier protection and controlled release characteristics.
The company’s core product lines include coatings for catheter, guidewire and endovascular device applications, as well as proprietary hydrogel formulations for drug-delivery matrices and tissue engineering scaffolds.
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