Fortress Biotech (NASDAQ:FBIOP) Trading 3.9% Higher – Still a Buy?

Fortress Biotech, Inc. (NASDAQ:FBIOPGet Free Report)’s stock price traded up 3.9% during mid-day trading on Friday . The stock traded as high as $6.74 and last traded at $6.74. 8,293 shares were traded during mid-day trading, a decline of 52% from the average session volume of 17,412 shares. The stock had previously closed at $6.49.

Fortress Biotech Trading Up 3.9 %

The firm has a fifty day simple moving average of $6.44 and a 200 day simple moving average of $6.08.

Fortress Biotech Company Profile

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Fortress Biotech, Inc, a biopharmaceutical company, develops dermatology, pharmaceutical, and biotechnology products in the United States. The company markets dermatology products, such as Qbrexza a medicated cloth towelette for the treatment of primary axillary hyperhidrosis; Accutane capsules for severe recalcitrant nodular acne; Amzeeq for severe acne vulgaris; Zilxi, a topical foam; Exelderm cream and solution for topical use; Targadox an oral doxycycline drug for adjunctive therapy for severe acne; Luxamend; sulconazole nitrate cream and solution for tinea cruris and tinea corporis; and doxycycline hyclate tablet.

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