Innovent Biologics (OTCMKTS:IVBXF) Stock Price Down 0.2% – Here’s Why

Innovent Biologics, Inc. (OTCMKTS:IVBXFGet Free Report)’s stock price dropped 0.2% on Tuesday . The stock traded as low as $6.25 and last traded at $6.25. Approximately 180,649 shares changed hands during trading, an increase of 73% from the average daily volume of 104,502 shares. The stock had previously closed at $6.27.

Innovent Biologics Price Performance

The firm has a 50-day moving average price of $5.45 and a 200-day moving average price of $5.06.

About Innovent Biologics

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Innovent Biologics, Inc, a biopharmaceutical company, develops and commercializes monoclonal antibodies and other drug assets in the fields of oncology, ophthalmology, autoimmune, and cardiovascular and metabolic diseases in the People's Republic of China. It offers Tyvyt, a human anti-PD-1 monoclonal antibody; BYVASDA, a fully-human anti-VEGF monoclonal antibody; HALPRYZA, a recombinant chimeric murine/human anti-CD20 monoclonal antibody; SULINNO, a fully-human antiTNF-a monoclonal antibody; Pemazyre, a selective FGFR inhibitor; Olverembatinib, a novel BCR-ABL TK; Cyramza, a VEGF receptor 2 antagonist; and Retsevmo, a selective and potent RET kinase inhibitor.

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