Clinuvel Pharmaceuticals (OTCMKTS:CLVLY) Trading Down 0.6% – Time to Sell?

Clinuvel Pharmaceuticals Limited (OTCMKTS:CLVLYGet Free Report)’s share price dropped 0.6% on Wednesday . The company traded as low as $7.52 and last traded at $7.77. Approximately 1,770 shares were traded during trading, a decline of 45% from the average daily volume of 3,218 shares. The stock had previously closed at $7.82.

Clinuvel Pharmaceuticals Trading Down 0.6%

The business has a fifty day simple moving average of $7.72 and a two-hundred day simple moving average of $7.25.

Clinuvel Pharmaceuticals Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, September 29th. Stockholders of record on Tuesday, September 9th will be issued a dividend of $0.0261 per share. This represents a dividend yield of 35.0%. The ex-dividend date is Monday, September 8th.

About Clinuvel Pharmaceuticals

(Get Free Report)

Clinuvel Pharmaceuticals Limited, a biopharmaceutical company, focuses on developing and commercializing treatments for patients with genetic, metabolic, and life-threatening disorders in Australia, Europe, the United States, Switzerland, and internationally. Its lead drug candidate is SCENESSE, a systemic photoprotective drug for the prevention of phototoxicity in adult patients with erythropoietic protoporphyria (EPP).

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