Fortress Biotech (NASDAQ:FBIOP) Trading Up 0.5% – Time to Buy?

Shares of Fortress Biotech, Inc. (NASDAQ:FBIOPGet Free Report) were up 0.5% on Wednesday . The stock traded as high as $6.14 and last traded at $6.08. Approximately 5,532 shares were traded during mid-day trading, a decline of 25% from the average daily volume of 7,393 shares. The stock had previously closed at $6.05.

Fortress Biotech Price Performance

The business has a 50 day moving average price of $6.64 and a 200-day moving average price of $6.13.

About Fortress Biotech

(Get Free Report)

Fortress Biotech, Inc, a biopharmaceutical company, develops dermatology, pharmaceutical, and biotechnology products in the United States. The company markets dermatology products, such as Qbrexza a medicated cloth towelette for the treatment of primary axillary hyperhidrosis; Accutane capsules for severe recalcitrant nodular acne; Amzeeq for severe acne vulgaris; Zilxi, a topical foam; Exelderm cream and solution for topical use; Targadox an oral doxycycline drug for adjunctive therapy for severe acne; Luxamend; sulconazole nitrate cream and solution for tinea cruris and tinea corporis; and doxycycline hyclate tablet.

Further Reading

Receive News & Ratings for Fortress Biotech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortress Biotech and related companies with MarketBeat.com's FREE daily email newsletter.