RegeneRx Biopharmaceuticals (OTCMKTS:RGRX) Share Price Breaks Above 200-Day Moving Average – What’s Next?

Shares of RegeneRx Biopharmaceuticals Inc. (OTCMKTS:RGRX – Get Free Report) passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $0.01 and traded as high as $0.1730. RegeneRx Biopharmaceuticals shares last traded at $0.1730, with a volume of 50 shares.

RegeneRx Biopharmaceuticals Price Performance

The stock has a 50 day simple moving average of $0.01 and a 200-day simple moving average of $0.01.

RegeneRx Biopharmaceuticals Company Profile

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RegeneRx Biopharmaceuticals, Inc is a biotechnology company focused on developing regenerative therapies based on thymosin beta 4, a naturally occurring peptide involved in tissue repair, cell migration and inflammation regulation. The company’s research has primarily targeted conditions affecting the eye and other tissues.

RegeneRx’s lead product candidate, RGN-259, is a topical ophthalmic formulation of thymosin beta 4 under development for ocular surface disorders, including neurotrophic keratopathy and dry-eye-related conditions.

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