Shares of Hydromer, Inc. (OTCMKTS:HYDI – Get Free Report) were up 25% during mid-day trading on Monday . The company traded as high as $0.25 and last traded at $0.25. Approximately 5,000 shares were traded during mid-day trading, an increase of 2% from the average daily volume of 4,918 shares. The stock had previously closed at $0.20.
Hydromer Trading Up 25.0%
The stock has a fifty day simple moving average of $0.19 and a 200 day simple moving average of $0.13.
About Hydromer
Hydromer, traded on the OTCMKTS under the symbol HYDI, is a specialty materials company focused on the development and commercialization of advanced polymer coatings, adhesives and hydrogels. Headquartered in Pomona, California, Hydromer supplies proprietary hydrophilic and hydrophobic coatings that enhance the surface properties of medical devices, diagnostic test components, and industrial membranes. Its technology platform encompasses water-based polymer chemistries designed to improve lubricity, biocompatibility, barrier protection and controlled release characteristics.
The company’s core product lines include coatings for catheter, guidewire and endovascular device applications, as well as proprietary hydrogel formulations for drug-delivery matrices and tissue engineering scaffolds.
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