BioSyent (OTCMKTS:BIOYF) Stock Price Up 3.2% – Here’s Why

BioSyent Inc. (OTCMKTS:BIOYFGet Free Report) shares shot up 3.2% on Thursday . The stock traded as high as $9.48 and last traded at $9.44. 2,258 shares were traded during trading, an increase of 70% from the average session volume of 1,326 shares. The stock had previously closed at $9.15.

BioSyent Price Performance

The firm has a 50-day moving average of $8.99 and a 200-day moving average of $8.52.

BioSyent Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were issued a dividend of $0.0356 per share. This represents a dividend yield of 183.0%. The ex-dividend date of this dividend was Friday, November 28th.

BioSyent Company Profile

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BioSyent Inc is a specialty biopharmaceutical company focused on developing, manufacturing and commercializing pharmaceutical products and medical devices. The company leverages expertise in regulatory affairs, clinical development and manufacturing to deliver a range of branded and generic therapies across multiple therapeutic areas, with particular emphasis on endocrine disorders, supportive care oncology and dermatology.

BioSyent operates a manufacturing facility in Canada that supports both its proprietary portfolio and contract development and manufacturing services (CDMO) for small-molecule products.

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