Shandong Weigao Medical Polymer (OTCMKTS:SHWGF) Shares Gap Down – Time to Sell?

Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGFGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $0.4418, but opened at $0.4311. Shandong Weigao Medical Polymer shares last traded at $0.4311, with a volume of 1,731 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut Shandong Weigao Medical Polymer to a “neutral” rating in a research report on Sunday, April 26th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Check Out Our Latest Research Report on SHWGF

Shandong Weigao Medical Polymer Stock Down 2.4%

The business has a fifty day moving average price of $0.43 and a 200-day moving average price of $0.52.

Shandong Weigao Medical Polymer Company Profile

(Get Free Report)

Shandong Weigao Medical Polymer Co, Ltd. (OTCMKTS: SHWGF) is a China-based manufacturer of single-use medical devices and medical polymer products. Headquartered in Weihai, Shandong Province, the company operates under the umbrella of the Weigao Group and focuses on the development, production and distribution of disposable medical consumables.

The company’s product portfolio encompasses infusion and transfusion sets, disposable syringes, intravenous catheters, blood filters and apheresis sets, as well as devices for enteral nutrition and medical-grade tubing.

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