Tecan Group (OTCMKTS:TCHBF) Shares Up 11.5% – Here’s Why

Tecan Group AG (OTCMKTS:TCHBFGet Free Report) shares shot up 11.5% during mid-day trading on Thursday . The stock traded as high as $199.5250 and last traded at $198.00. 839 shares traded hands during trading, an increase of 382% from the average daily volume of 174 shares. The stock had previously closed at $177.55.

Tecan Group Trading Up 11.5%

The stock’s fifty day moving average price is $180.36 and its 200-day moving average price is $167.57.

About Tecan Group

(Get Free Report)

Tecan Group is a Switzerland-based provider of laboratory instruments and life science solutions, specializing in automated workflow platforms for research, diagnostics and pharmaceutical applications. The company’s technologies enable precise liquid handling, sample preparation, detection and data management, helping to streamline complex laboratory processes and increase throughput in areas such as genomics, proteomics and drug discovery.

Key products include automated liquid handling workstations, microplate readers and dispensers, robotic solutions for sample management, as well as consumables and software for system control and data analysis.

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