ProtoKinetix (OTCMKTS:PKTX) Shares Cross Above 50-Day Moving Average – Here’s Why

ProtoKinetix, Incorporated (OTCMKTS:PKTXGet Free Report)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.01 and traded as high as $0.0108. ProtoKinetix shares last traded at $0.0052, with a volume of 1,665,000 shares.

ProtoKinetix Stock Down 47.5%

The business’s 50 day moving average price is $0.01 and its 200-day moving average price is $0.01.

ProtoKinetix Company Profile

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ProtoKinetix, Incorporated, a research and development stage bio-technology company, focuses on the scientific medical research of anti-freeze glycoproteins (AFGPs) or anti-aging glycoproteins (AAGPs). The company's AFGPs have commercial applications primarily in health care solutions, including ophthalmology, dermatology, transplants, and biomanufacturing. It has a collaboration research agreement with the University of British Columbia. The company was formerly known as RJV Network, Inc and changed its name to ProtoKinetix, Incorporated in July 2003.

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