enGene (NASDAQ:ENGNW) Shares Down 14.4% – What’s Next?

enGene Holdings Inc. (NASDAQ:ENGNWGet Free Report)’s stock price dropped 14.4% during mid-day trading on Monday . The stock traded as low as $0.3390 and last traded at $0.2750. Approximately 300 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 17,162 shares. The stock had previously closed at $0.3213.

enGene Price Performance

The stock has a 50-day moving average of $0.26 and a 200 day moving average of $1.82.

enGene Company Profile

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enGene Holdings Inc, through its subsidiary enGene, Inc, operates as a clinical-stage biotechnology company that develops genetic medicines through the delivery of therapeutics to mucosal tissues and other organs. Its lead product candidate is EG-70 (detalimogene voraplasmid), which is a non-viral immunotherapy to treat non-muscle invasive bladder cancer patients with carcinoma-in-situ (Cis), who are unresponsive to treatment with Bacillus Calmette-Guérin. The company was founded in 2023 and is based in Saint-Laurent, Canada.

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