enGene (NASDAQ:ENGNW) Trading Down 15.9% – Time to Sell?

enGene Holdings Inc. (NASDAQ:ENGNWGet Free Report) shares traded down 15.9% on Wednesday . The company traded as low as $0.81 and last traded at $0.95. 8,493 shares were traded during mid-day trading, an increase of 82% from the average session volume of 4,656 shares. The stock had previously closed at $1.13.

enGene Stock Down 10.7 %

The stock’s 50 day simple moving average is $1.19 and its two-hundred day simple moving average is $1.33.

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.

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