Shanghai Junshi Biosciences (OTCMKTS:SHJBF) Trading 216.9% Higher – Still a Buy?

Shares of Shanghai Junshi Biosciences Co., Ltd. (OTCMKTS:SHJBFGet Free Report) were up 216.9% on Wednesday . The company traded as high as C$3.93 and last traded at C$3.93. Approximately 2,500 shares traded hands during mid-day trading, an increase of 2,400% from the average daily volume of 100 shares. The stock had previously closed at C$1.24.

Shanghai Junshi Biosciences Trading Up 216.9%

The firm’s 50 day simple moving average is C$2.01 and its 200-day simple moving average is C$1.98.

Shanghai Junshi Biosciences Company Profile

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Shanghai Junshi Biosciences Co, Ltd., a biopharmaceutical company, engages in the discovery, development, and commercialization of various drugs in the therapeutic areas of oncology, metabolic, autoimmune, neurologic, nervous system, and infectious diseases in the People's Republic of China. The company was founded in 2012 and is headquartered in Shanghai, People's Republic of China.

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