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Biodexa Pharmaceuticals (NASDAQ:BDRX) Trading 6.9% Higher - Time to Buy?

Biodexa Pharmaceuticals logo with Medical background

Biodexa Pharmaceuticals Plc (NASDAQ:BDRX - Get Free Report)'s share price rose 6.9% during trading on Thursday . The stock traded as high as $1.93 and last traded at $1.39. Approximately 62,690,079 shares changed hands during mid-day trading, an increase of 7,495% from the average daily volume of 825,372 shares. The stock had previously closed at $1.30.

Biodexa Pharmaceuticals Stock Down 6.5%

The firm's 50-day moving average is $1.43 and its 200 day moving average is $3.17.

About Biodexa Pharmaceuticals

(Get Free Report)

Biodexa Pharmaceuticals Plc, a clinical stage biopharmaceutical company, focuses on developing a pipeline of products for the treatment of Type 1 diabetes and rare/orphan cancers of the brain. Its lead product candidate Tolimidone, a selective activator of the lyn kinase enzyme, currently under Phase II studies for the treatment of Type 1 diabetes.

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