CytoDyn (OTCMKTS:CYDY) Shares Down 4% – What’s Next?

CytoDyn Inc. (OTCMKTS:CYDYGet Free Report)’s share price was down 4% on Monday . The company traded as low as $0.14 and last traded at $0.14. Approximately 2,274,842 shares changed hands during trading, a decline of 11% from the average daily volume of 2,542,370 shares. The stock had previously closed at $0.15.

CytoDyn Price Performance

The company has a market cap of $142.52 million, a P/E ratio of -2.81 and a beta of 0.13. The stock’s 50-day moving average is $0.15 and its two-hundred day moving average is $0.15.

CytoDyn (OTCMKTS:CYDYGet Free Report) last released its quarterly earnings results on Tuesday, October 15th. The biotechnology company reported $0.02 earnings per share for the quarter.

CytoDyn Company Profile

(Get Free Report)

CytoDyn Inc, a clinical-stage biotechnology company, engages in the development of treatments for multiple therapeutic indications. The company is involved in the clinical development of leronlimab, a novel humanized monoclonal antibody targeting the C-C chemokine receptor type 5 receptor in the areas of COVID-19, human immunodeficiency virus (HIV), Metabolic dysfunction-associated steatohepatitis (MASH), and solid tumors in oncology, such as metastatic triple-negative breast cancer.

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