biote (NASDAQ:BTMDW) Stock Price Up 8.3% – Still a Buy?

biote Corp. (NASDAQ:BTMDWGet Free Report) was up 8.3% on Wednesday . The stock traded as high as $0.52 and last traded at $0.52. Approximately 327 shares traded hands during trading, a decline of 99% from the average daily volume of 58,814 shares. The stock had previously closed at $0.48.

biote Stock Performance

The business has a 50-day simple moving average of $0.47 and a 200-day simple moving average of $0.56.

biote Company Profile

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biote Corp. operates in medical practice-building business within the hormone optimization space. The company offers a platform for Biote-certified practitioners to optimize imbalances in their patient's hormone, vitamin, and mineral levels, as well as prescribe bioidentical hormone therapies and recommend dietary supplements.

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