Fortress Biotech (NASDAQ:FBIOP) Trading Up 3.9% – Here’s Why

Fortress Biotech, Inc. (NASDAQ:FBIOPGet Free Report)’s stock price was up 3.9% during mid-day trading on Friday . The company traded as high as $6.74 and last traded at $6.74. Approximately 8,293 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 17,412 shares. The stock had previously closed at $6.49.

Fortress Biotech Trading Up 3.9 %

The company has a fifty day moving average price of $6.44 and a 200-day moving average price of $6.08.

About Fortress Biotech

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Fortress Biotech, Inc, a biopharmaceutical company, develops dermatology, pharmaceutical, and biotechnology products in the United States. The company markets dermatology products, such as Qbrexza a medicated cloth towelette for the treatment of primary axillary hyperhidrosis; Accutane capsules for severe recalcitrant nodular acne; Amzeeq for severe acne vulgaris; Zilxi, a topical foam; Exelderm cream and solution for topical use; Targadox an oral doxycycline drug for adjunctive therapy for severe acne; Luxamend; sulconazole nitrate cream and solution for tinea cruris and tinea corporis; and doxycycline hyclate tablet.

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