Mangoceuticals (NASDAQ:MGRX) Shares Up 18% – Time to Buy?

Mangoceuticals, Inc. (NASDAQ:MGRXGet Free Report) shares shot up 18% on Wednesday . The company traded as high as $4.69 and last traded at $4.27. 217,098 shares were traded during trading, a decline of 4% from the average session volume of 226,555 shares. The stock had previously closed at $3.62.

Mangoceuticals Trading Up 18.0 %

The firm has a market capitalization of $10.62 million, a PE ratio of -0.74 and a beta of 1.51. The business’s 50 day simple moving average is $3.75 and its two-hundred day simple moving average is $14.74.

Mangoceuticals Company Profile

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Mangoceuticals, Inc develops, markets, and sells various men's wellness products and services through a telemedicine platform in the United States. It offers erectile dysfunction (ED) products under the Mango brand and hair loss products under the Grow brand name. The company markets and sells these branded ED and hair loss products online through its website at MangoRx.com.

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