Medartis (OTCMKTS:MDRSF) Trading Down 22.5% – Time to Sell?

Medartis Holding AG (OTCMKTS:MDRSFGet Free Report)’s share price fell 22.5% on Tuesday . The stock traded as low as C$51.50 and last traded at C$51.70. 300 shares traded hands during trading, an increase of 0% from the average session volume of 300 shares. The stock had previously closed at C$66.68.

Medartis Stock Performance

The company’s 50 day simple moving average is C$72.97 and its two-hundred day simple moving average is C$79.17.

About Medartis

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Medartis Holding AG, a medical device company, develops, manufactures, and sells implant solutions worldwide. Its medical devices are used for the treatment of surgical fixation of bone fractures for upper and lower extremities, as well as for the cranio-maxillofacial surgery. The company offers osteosynthesis instruments for the areas of the hand, wrist, forearm, elbow, shoulder, and foot and ankle, as well as for the areas of the mandible, midface, orthognathic, and cranium under the APTUS and MODUS names.

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