Shandong Weigao Medical Polymer (OTCMKTS:SHWGF) Shares Gap Up - Still a Buy?

Key Points

• Shandong Weigao Medical Polymer shares opened at $0.69 after gapping up from a previous close of $0.66, indicating a positive movement in trading.
• The stock increased by 4.4% during trading, with a volume of 468 shares changing hands.
• The company operates across multiple segments, including medical devices, orthopaedics, and pharma packaging, primarily in the People's Republic of China.

Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF - )'s share price gapped up prior to trading on Friday . The stock had previously closed at $0.66, but opened at $0.69. Shandong Weigao Medical Polymer shares last traded at $0.69, with a volume of 468 shares changing hands.

Shandong Weigao Medical Polymer Trading Up 4.4%

The stock has a fifty day simple moving average of $0.76 and a two-hundred day simple moving average of $0.76.

About Shandong Weigao Medical Polymer

Shandong Weigao Group Medical Polymer Company Limited engages in the research and development, production, wholesale, and sale of medical devices in the People's Republic of China. It operates through Medical Device Products, Orthopaedic Products, Interventional Products, Pharma Packaging Products, Blood Management Products, and Others segments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.