biote (NASDAQ:BTMDW) Stock Price Down 16.3% – Should You Sell?

biote Corp. (NASDAQ:BTMDWGet Free Report) shares dropped 16.3% during mid-day trading on Tuesday . The stock traded as low as $0.41 and last traded at $0.41. Approximately 7,478 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 58,814 shares. The stock had previously closed at $0.49.

biote Stock Down 16.3 %

The company has a 50 day simple moving average of $0.53 and a 200-day simple moving average of $0.56.

biote Company Profile

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biote Corp. operates in medical practice-building business within the hormone optimization space. The company offers a platform for Biote-certified practitioners to optimize imbalances in their patient's hormone, vitamin, and mineral levels, as well as prescribe bioidentical hormone therapies and recommend dietary supplements.

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