Intellipharmaceutics International (OTCMKTS:IPCIF) Share Price Crosses Above 200-Day Moving Average of $0.06

Intellipharmaceutics International Inc. (OTCMKTS:IPCIFGet Free Report) (TSE:I)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.06 and traded as high as $0.11. Intellipharmaceutics International shares last traded at $0.07, with a volume of 4,160 shares.

Intellipharmaceutics International Price Performance

The business’s 50 day moving average price is $0.06 and its 200 day moving average price is $0.06. The stock has a market capitalization of $2.32 million, a P/E ratio of -0.44 and a beta of 1.07.

About Intellipharmaceutics International

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Intellipharmaceutics International Inc, a pharmaceutical company, researches, develops, and manufactures novel and generic controlled-release and targeted-release oral solid dosage drugs in the United States. It develops various drug delivery systems, product candidates, and a pipeline of products based on its patented Hypermatrix technology in various therapeutic areas, including neurology, cardiovascular, gastrointestinal tract, diabetes, and pain.

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