Enzon Pharmaceuticals (OTCMKTS:ENZN) Shares Cross Above 200 Day Moving Average – Here’s Why

Enzon Pharmaceuticals, Inc. (OTCMKTS:ENZNGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.13 and traded as high as $0.20. Enzon Pharmaceuticals shares last traded at $0.19, with a volume of 683,174 shares trading hands.

Enzon Pharmaceuticals Price Performance

The business has a fifty day moving average of $0.10 and a 200-day moving average of $0.13. The stock has a market cap of $13.95 million, a PE ratio of 18.81 and a beta of 0.49.

About Enzon Pharmaceuticals

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Enzon Pharmaceuticals, Inc, together with its subsidiaries, does not have significant operations. Previously, the company marketed its patented drug product, PegIntron. It also had a marketing agreement with Micromet AG relating to the Vicineum drug; and a licensing agreement regarding SC Oncaspar and certain other drugs.

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