MyMD Pharmaceuticals (NASDAQ:MYMD) Shares Up 2.4% – Time to Buy?

MyMD Pharmaceuticals, Inc. (NASDAQ:MYMDGet Free Report)’s stock price shot up 2.4% on Tuesday . The company traded as high as $1.39 and last traded at $1.34. 12,783 shares traded hands during trading, a decline of 90% from the average session volume of 134,123 shares. The stock had previously closed at $1.31.

MyMD Pharmaceuticals Trading Up 2.4 %

The business has a 50-day moving average price of $1.55 and a two-hundred day moving average price of $1.90.

About MyMD Pharmaceuticals

(Get Free Report)

MyMD Pharmaceuticals, Inc, a clinical development stage pharmaceutical company, focuses on developing various therapeutic platforms to treat the aging and age-related and autoimmune diseases, and chronic pain, anxiety, and sleep disorders. The company is developing MYMD-1, a drug platform based on a clinical stage small molecule that regulates the immune system and its pro-inflammatory cytokines to prevent and treat autoimmune diseases and age-related illnesses, and a Phase 2 clinical trial for sarcopenia, multiple sclerosis, diabetes, inflammatory bowel diseases, and rheumatoid arthritis; inflammation related depression and anxiety; and COVID-19-associated depression.

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