Shares of Pheton Holdings Ltd (NASDAQ:PTHL – Get Free Report) dropped 4.5% during trading on Tuesday . The stock traded as low as $0.27 and last traded at $0.2895. Approximately 124,132 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 1,345,881 shares. The stock had previously closed at $0.3031.
Pheton Stock Performance
The business has a 50-day moving average of $0.29 and a 200 day moving average of $0.31.
About Pheton
Pheton Holdings Ltd. operates as a holding company with interests in providing healthcare solutions. The firm through its subsidiaries engages in the development and commercialization of brachytherapy TPS specifically used for radioactive particle implantation, a type of radiotherapy used in treating cancer patients by placing radioactive sources inside the patient that kill cancer cells and shrink tumors. The company was founded in 1998 and is headquartered in Beijing, China.
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