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 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.13 and traded as high as $0.22. Enzon Pharmaceuticals shares last traded at $0.20, with a volume of 94,897 shares changing hands.

Enzon Pharmaceuticals Trading Up 11.0 %

The company has a market capitalization of $14.84 million, a price-to-earnings ratio of 20.02 and a beta of 0.49. The firm’s 50-day moving average price is $0.11 and its 200 day moving average price is $0.13.

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.

Further Reading

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