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CytoDyn (OTCMKTS:CYDY) Stock Price Down 2.3% - What's Next?

CytoDyn logo with Medical background

CytoDyn Inc. (OTCMKTS:CYDY - Get Free Report) shares traded down 2.3% during trading on Friday . The stock traded as low as $0.33 and last traded at $0.34. 1,693,086 shares changed hands during trading, a decline of 51% from the average session volume of 3,449,711 shares. The stock had previously closed at $0.35.

CytoDyn Price Performance

The business's 50-day moving average is $0.29 and its two-hundred day moving average is $0.22. The firm has a market cap of $437.14 million, a P/E ratio of -35.00 and a beta of 1.15.

CytoDyn Company Profile

(Get Free Report)

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.

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