Transgene (OTCMKTS:TRGNF) Trading Down 46.2% – Here’s Why

Transgene SA (OTCMKTS:TRGNFGet Free Report) shares dropped 46.2% during trading on Tuesday . The stock traded as low as $0.70 and last traded at $0.70. Approximately 425 shares traded hands during trading, a decline of 2% from the average daily volume of 433 shares. The stock had previously closed at $1.30.

Transgene Stock Performance

The company has a 50-day moving average of $1.57 and a 200 day moving average of $1.58.

About Transgene

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Transgene SA, a biotechnology company, focuses on designing and developing therapeutic vaccines and oncolytic viruses for the treatment of cancer in France. It involved in developing TG4050, a therapeutic vaccine that is in Phase I clinical trial for the treatment of ovarian cancer, and head and neck cancers; TG4001, a therapeutic vaccine, which is in Phase II clinical trial for the treatment of HPV-positive cancers; TG6002, an oncolytic virus that is in Phase I/IIa clinical trial for the treatment of gastrointestinal and colorectal cancers; and BT-001, an oncolytic virus, which is in Phase I/II clinical trial for the treatment of solid tumors.

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