CytoDyn (OTCMKTS:CYDY) Shares Up 2.1% – What’s Next?

CytoDyn Inc. (OTCMKTS:CYDYGet Free Report)’s stock price traded up 2.1% on Friday . The stock traded as high as $0.12 and last traded at $0.12. 1,859,693 shares traded hands during trading, a decline of 12% from the average session volume of 2,111,096 shares. The stock had previously closed at $0.12.

CytoDyn Stock Performance

The stock’s 50 day simple moving average is $0.12 and its 200-day simple moving average is $0.14. The firm has a market cap of $145.98 million, a price-to-earnings ratio of -5.95 and a beta of -0.10.

CytoDyn (OTCMKTS:CYDYGet Free Report) last released its earnings results on Tuesday, October 15th. The biotechnology company reported $0.02 earnings per share (EPS) for the quarter.

CytoDyn Company Profile

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CytoDyn Inc, a clinical-stage biotechnology company, engages in the development of treatments for multiple therapeutic indications. The company is involved in the clinical development of leronlimab, a novel humanized monoclonal antibody targeting the C-C chemokine receptor type 5 receptor in the areas of COVID-19, human immunodeficiency virus (HIV), Metabolic dysfunction-associated steatohepatitis (MASH), and solid tumors in oncology, such as metastatic triple-negative breast cancer.

Further Reading

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