In trading on Thursday, shares of Avid Bioservices Inc (Symbol: CDMO) crossed above their 200 day moving average of $19.03, changing hands as high as $19.40 per share. Avid Bioservices Inc shares are currently trading up about 2% on the day. The chart below shows the one year performance of CDMO shares, versus its 200 day moving average:
Looking at the chart above, CDMO's low point in its 52 week range is $11.30 per share, with $34.51 as the 52 week high point — that compares with a last trade of $18.99.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
