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Jyong Biotech (NASDAQ:MENS) Trading Down 12.3% - Time to Sell?

Jyong Biotech logo with Manufacturing background

Key Points

  • Shares of Jyong Biotech Ltd. (NASDAQ:MENS) dropped by 12.3%, closing at $39.77, which marks an 82% decline in trading volume compared to its average session.
  • Following the stock's decline, Wall Street Zen upgraded Jyong Biotech to a "hold" rating on June 30th.
  • Jyong Biotech is a Taiwan-based biotechnology company focused on developing innovative, plant-derived drugs aimed primarily at treating urinary system diseases.
  • Looking to export and analyze Jyong Biotech data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Shares of Jyong Biotech Ltd. (NASDAQ:MENS - Get Free Report) fell 12.3% during mid-day trading on Monday . The company traded as low as $39.77 and last traded at $39.77. 36,852 shares were traded during mid-day trading, a decline of 82% from the average session volume of 205,287 shares. The stock had previously closed at $45.33.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Analysis on Jyong Biotech

Jyong Biotech Stock Up 7.3%

Jyong Biotech Company Profile

(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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