Hydromer, Inc. (OTCMKTS:HYDI – Get Free Report) shares traded down 12% on Wednesday . The stock traded as low as $0.22 and last traded at $0.22. 38,500 shares traded hands during mid-day trading, an increase of 625% from the average session volume of 5,311 shares. The stock had previously closed at $0.25.
Hydromer Price Performance
The stock’s 50-day moving average price is $0.23 and its 200 day moving average price is $0.17.
Hydromer Company Profile
Hydromer, traded on the OTCMKTS under the symbol HYDI, is a specialty materials company focused on the development and commercialization of advanced polymer coatings, adhesives and hydrogels. Headquartered in Pomona, California, Hydromer supplies proprietary hydrophilic and hydrophobic coatings that enhance the surface properties of medical devices, diagnostic test components, and industrial membranes. Its technology platform encompasses water-based polymer chemistries designed to improve lubricity, biocompatibility, barrier protection and controlled release characteristics.
The company’s core product lines include coatings for catheter, guidewire and endovascular device applications, as well as proprietary hydrogel formulations for drug-delivery matrices and tissue engineering scaffolds.
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