Mayne Pharma Group (OTCMKTS:MAYNF) Shares Up 7.8% – Still a Buy?

Shares of Mayne Pharma Group Limited (OTCMKTS:MAYNFGet Free Report) shot up 7.8% on Monday . The company traded as high as $3.30 and last traded at $3.24. 13,277 shares changed hands during trading, an increase of 517% from the average session volume of 2,152 shares. The stock had previously closed at $3.00.

Mayne Pharma Group Stock Up 7.8 %

The company’s 50 day simple moving average is $2.85 and its 200 day simple moving average is $3.06.

About Mayne Pharma Group

(Get Free Report)

Mayne Pharma Group Limited, a specialty pharmaceutical company, manufactures and sells branded and generic pharmaceutical products in Australia, New Zealand, the United States, Canada, Europe, Asia, and internationally. The company operates through four segments: International Branded Products, and Portfolio Product Division.

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