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Analyzing The Price Action In Eyegate Pharmaceuticals Stock Today

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The Price And Volume Action In Eyegate Pharmaceuticals's Stock Today

Eyegate Pharmaceuticals’s (NASDAQ: EYEG) stock is trading up 83.7% to a price of $6.38. Monday the stock has been traded at a volume of 29.69 million, about 144988.36% of its recent 30-day volume average of 20.48 thousand.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Eyegate Pharmaceuticals shares are trading higher after the company announced it has received positive feedback following its pre-IND meeting with the FDA and has been provided a path forward for the development of MoxiGel, a combination product for the treatment of bacterial conjunctivitis.

Further Analysis of Recent Price Action

The moving average price of the stock over the past 50 days was $3.59 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $12.89 and as low as $3.2.

If you’re looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving’ alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

 

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