NEXGEL (NASDAQ:NXGLW) Shares Up 18.3% – Time to Buy?

NEXGEL, Inc. (NASDAQ:NXGLWGet Free Report)’s stock price was up 18.3% on Friday . The company traded as high as $0.22 and last traded at $0.2011. Approximately 15,600 shares changed hands during trading, an increase of 51% from the average daily volume of 10,331 shares. The stock had previously closed at $0.17.

NEXGEL Trading Up 18.3%

The company’s fifty day simple moving average is $0.29 and its 200-day simple moving average is $0.31.

About NEXGEL

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NEXGEL, Inc manufactures and sells high water content, electron beam cross-linked, and aqueous polymer hydrogels and gels for wound care, medical diagnostics, transdermal drug delivery, and cosmetics in the United States. It operates through two segments, Nexgel and CG labs. The company offers over-the-counter remedy solutions, such as blister and pain applications under the MedaGel brand; and beauty and cosmetic solutions, such as wrinkle and skin cream applications under the LumaGel Beauty brand name.

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