Sanofi (OTCMKTS:SNYNF) Trading Down 0.7% – Here’s Why

Shares of Sanofi (OTCMKTS:SNYNFGet Free Report) traded down 0.7% during mid-day trading on Wednesday . The company traded as low as $97.11 and last traded at $97.11. 260,608 shares changed hands during mid-day trading, an increase of 317% from the average session volume of 62,559 shares. The stock had previously closed at $97.77.

Sanofi Trading Down 0.7%

The firm’s 50-day simple moving average is $95.37 and its 200 day simple moving average is $96.91.

About Sanofi

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Sanofi is a multinational biopharmaceutical company headquartered in Paris, France, specializing in the research, development and manufacturing of prescription medicines, vaccines and consumer healthcare products. With a strategic focus on specialty care, vaccines, and general medicines, Sanofi’s portfolio addresses a broad range of therapeutic areas, including diabetes, cardiovascular disease, oncology, immunology and rare diseases. The company operates through distinct business segments, each dedicated to advancing patient care through innovative therapies and preventive solutions.

In its pharmaceuticals segment, Sanofi develops and markets biologics and small molecules designed to treat chronic and acute conditions.

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