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Jyong Biotech (NASDAQ:MENS) Sets New 12-Month High - Still a Buy?

Jyong Biotech logo with Manufacturing background

Key Points

  • Jyong Biotech Ltd. (NASDAQ:MENS) reached a new 12-month high, trading as high as $60.98 before closing at $59.80, with a notable trading volume of 64,133 shares.
  • Wall Street analysts have raised Jyong Biotech to a "hold" rating, indicating a stable but cautious outlook on the company's stock performance.
  • The firm specializes in developing plant-derived drugs for urinary system diseases, targeting markets in the U.S., EU, and Asia.
  • MarketBeat previews the top five stocks to own by October 1st.

Jyong Biotech Ltd. (NASDAQ:MENS - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $60.98 and last traded at $59.80, with a volume of 64133 shares trading hands. The stock had previously closed at $54.81.

Analyst Ratings Changes

Separately, Wall Street Zen raised Jyong Biotech to a "hold" rating in a research note on Monday, June 30th.

Read Our Latest Report on MENS

Jyong Biotech Stock Down 5.1%

The firm has a fifty day simple moving average of $28.40.

About Jyong Biotech

(Get Free Report)

OUR MISSION We endeavor to develop and supply first-class innovative drugs to meet our customers' health needs. We seek to be a valuable business organization that is held in high esteem by the public. We are a science-driven biotechnology company based in Taiwan and are committed to developing and commercializing innovative and differentiated new drugs (plant-derived) mainly specializing in the treatment of urinary system diseases, with an initial focus on the markets of the U.S., the EU, and Asia.

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