Hydromer (OTCMKTS:HYDI) Stock Price Up 17.8% – Here’s Why

Hydromer, Inc. (OTCMKTS:HYDIGet Free Report) shares rose 17.8% during mid-day trading on Monday . The company traded as high as $0.27 and last traded at $0.27. Approximately 500 shares traded hands during trading, a decline of 85% from the average daily volume of 3,273 shares. The stock had previously closed at $0.23.

Hydromer Price Performance

The stock has a fifty day moving average price of $0.24 and a 200-day moving average price of $0.35.

About Hydromer

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Hydromer, Inc invents, develops, patents, licenses, manufactures, and sells hydrophilic polymer-based products and services in the United States and internationally. The company operates in two segments, Polymer Research and Medical Products. It offers medical coatings and services; medical hydrogel; cosmetic intermediaries; and anti-fog/anti-frost condensation control coating products.

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