Innovent Biologics (OTCMKTS:IVBXF) Trading Up 4.2% – Time to Buy?

Innovent Biologics, Inc. (OTCMKTS:IVBXFGet Free Report)’s share price was up 4.2% during mid-day trading on Friday . The stock traded as high as $6.15 and last traded at $6.15. Approximately 3,484 shares were traded during trading, a decline of 75% from the average daily volume of 13,781 shares. The stock had previously closed at $5.90.

Innovent Biologics Stock Performance

The business has a fifty day moving average price of $5.02 and a 200 day moving average price of $5.02.

About Innovent Biologics

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Innovent Biologics, Inc, a biopharmaceutical company, develops and commercializes monoclonal antibodies and other drug assets in the fields of oncology, ophthalmology, autoimmune, and cardiovascular and metabolic diseases in the People's Republic of China. It offers Tyvyt, a human anti-PD-1 monoclonal antibody; BYVASDA, a fully-human anti-VEGF monoclonal antibody; HALPRYZA, a recombinant chimeric murine/human anti-CD20 monoclonal antibody; SULINNO, a fully-human antiTNF-a monoclonal antibody; Pemazyre, a selective FGFR inhibitor; Olverembatinib, a novel BCR-ABL TK; Cyramza, a VEGF receptor 2 antagonist; and Retsevmo, a selective and potent RET kinase inhibitor.

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