Shandong Weigao Medical Polymer (OTCMKTS:SHWGF) Shares Down 3% – Time to Sell?

Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF – Get Free Report)’s stock price fell 3% on Monday. The stock traded as low as $0.4073 and last traded at $0.4073. Approximately 259,200 shares were traded during trading, The stock had previously closed at $0.42.

Shandong Weigao Medical Polymer Stock Performance

The business’s 50-day simple moving average is $0.41 and its 200-day simple moving average is $0.50.

About Shandong Weigao Medical Polymer

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Shandong Weigao Medical Polymer Co, Ltd. is a China-based medical device manufacturer headquartered in Weihai, Shandong Province. Established in 1988, the company develops and produces medical consumables and related products for hospitals, clinics and other healthcare providers.

Its product portfolio includes disposable infusion and transfusion sets, syringes and needles, blood bags, orthopedic implants, blood-purification products, interventional medical devices and other polymer-based medical products.

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