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Jyong Biotech (NASDAQ:MENS) Trading Up 10.5% - Time to Buy?

Jyong Biotech logo with Manufacturing background

Key Points

  • Jyong Biotech's share price surged by 10.5%, closing at $43.76, despite a significant drop in trading volume.
  • Wall Street Zen upgraded Jyong Biotech to a "hold" rating, indicating a cautious outlook for the stock.
  • The company specializes in plant-derived drugs aimed at treating urinary system diseases, with a focus on markets in the U.S., EU, and Asia.
  • Looking to export and analyze Jyong Biotech data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Jyong Biotech Ltd. (NASDAQ:MENS - Get Free Report)'s stock price shot up 10.5% during trading on Friday . The company traded as high as $44.59 and last traded at $43.76. 29,860 shares changed hands during trading, a decline of 86% from the average session volume of 206,622 shares. The stock had previously closed at $39.59.

Analyst Upgrades and Downgrades

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

View Our Latest Report on Jyong Biotech

Jyong Biotech Stock Performance

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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