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Zhengye Biotechnology (NASDAQ:ZYBT) Shares Down 7.2% - Here's What Happened

Zhengye Biotechnology logo with Medical background

Zhengye Biotechnology Holding Limited (NASDAQ:ZYBT - Get Free Report)'s share price dropped 7.2% during trading on Monday . The company traded as low as $11.48 and last traded at $12.51. Approximately 47,720 shares were traded during trading, a decline of 84% from the average daily volume of 291,588 shares. The stock had previously closed at $13.48.

Zhengye Biotechnology Price Performance

The business's 50 day moving average price is $6.80.

Zhengye Biotechnology Company Profile

(Get Free Report)

Zhengye Biotechnology Holding Limited is a veterinary vaccine manufacturer which encompasses research, development, manufacturing and sales of veterinary vaccines, with a focus on livestock vaccine principally in China. Zhengye Biotechnology Holding Limited is based in Jilin, China.

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