Jyong Biotech (NASDAQ:MENS) Trading 1% Higher – Still a Buy?

Shares of Jyong Biotech Ltd. (NASDAQ:MENSGet Free Report) were up 1% on Thursday . The company traded as high as $2.22 and last traded at $2.08. 48,024 shares were traded during mid-day trading, an increase of 38% from the average session volume of 34,754 shares. The stock had previously closed at $2.06.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Jyong Biotech in a report on Wednesday, August 19th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

View Our Latest Analysis on MENS

Jyong Biotech Stock Performance

The business’s 50 day moving average price is $2.20 and its two-hundred day moving average price is $2.14.

About Jyong Biotech

(Get Free Report)

Jyong Biotech Limited is a clinical-stage biopharmaceutical company focused on developing and commercializing botanical drug products. The company’s research is centered on plant-derived therapies for urological conditions, including disorders affecting the prostate and urinary system.

Its product development activities have primarily targeted benign prostatic hyperplasia (BPH), a noncancerous enlargement of the prostate that can cause urinary symptoms, as well as other prostate-related conditions.

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