Enzon Pharmaceuticals (OTCMKTS:ENZN) Shares Pass Above 200-Day Moving Average – Should You Sell?

Enzon Pharmaceuticals, Inc. (OTCMKTS:ENZNGet Free Report)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.13 and traded as high as $0.17. Enzon Pharmaceuticals shares last traded at $0.15, with a volume of 99,772 shares.

Enzon Pharmaceuticals Stock Down 5.2 %

The firm’s 50-day simple moving average is $0.13 and its 200-day simple moving average is $0.13. The firm has a market capitalization of $10.20 million, a PE ratio of 13.76 and a beta of 0.27.

About Enzon Pharmaceuticals

(Get Free Report)

Enzon Pharmaceuticals, Inc, together with its subsidiaries, does not have significant operations. Previously, the company marketed its patented drug product, PegIntron. It also had a marketing agreement with Micromet AG relating to the Vicineum drug; and a licensing agreement regarding SC Oncaspar and certain other drugs.

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