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Oxford BioMedica (OTCMKTS:OXBDF) Hits New 52-Week High - Still a Buy?

Oxford BioMedica logo with Medical background

Key Points

  • Oxford BioMedica's share price reached a new 52-week high of $7.80 during trading, reflecting a 6.1% increase from the previous close of $7.35.
  • The stock's performance is supported by a fifty-day moving average of $6.37 and a 200-day moving average of $4.81.
  • Oxford BioMedica focuses on delivering therapies globally using its LentiVector platform technology, aimed to improve gene delivery systems.
  • MarketBeat previews the top five stocks to own by November 1st.

Oxford BioMedica (OTCMKTS:OXBDF - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $7.80 and last traded at $7.80, with a volume of 3700 shares. The stock had previously closed at $7.35.

Oxford BioMedica Stock Performance

The company's 50 day moving average price is $6.49 and its two-hundred day moving average price is $4.87.

About Oxford BioMedica

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Oxford Biomedica plc, a contract development and manufacturing organization, focuses on delivering therapies to patients worldwide. Its s LentiVector platform technology is an advanced lentiviral vector based gene delivery system which is designed to overcome the safety and delivery problems associated with earlier generations of vector systems.

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