Shandong Weigao Medical Polymer (OTCMKTS:SHWGF) Reaches New 1-Year Low – What’s Next?

Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGFGet Free Report)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $0.4344 and last traded at $0.4344, with a volume of 3640 shares trading hands. The stock had previously closed at $0.4680.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut shares of Shandong Weigao Medical Polymer to a “neutral” rating in a research note on Sunday, April 26th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on SHWGF

Shandong Weigao Medical Polymer Stock Performance

The business’s 50-day moving average price is $0.45 and its 200 day moving average price is $0.61.

About Shandong Weigao Medical Polymer

(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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