Mayne Pharma Group (OTCMKTS:MAYNF) Stock Price Breaks Above 200 Day Moving Average – What’s Next?

Shares of Mayne Pharma Group Limited (OTCMKTS:MAYNF – Get Free Report) passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $1.89 and traded as high as $2.1150. Mayne Pharma Group shares last traded at $2.1150, with a volume of 1,000 shares.

Mayne Pharma Group Stock Performance

The stock’s 50 day simple moving average is $2.05 and its two-hundred day simple moving average is $1.89.

Mayne Pharma Group Company Profile

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Mayne Pharma Group Limited is an Australia-based specialty pharmaceutical company that develops, manufactures, and commercializes branded and generic prescription medicines. Its activities include product development, regulatory support, manufacturing, and the distribution of pharmaceutical products through its own commercial operations and external partners.

The company has focused on therapeutic areas including dermatology, women’s health, and other specialty-care markets. Its portfolio has included prescription products such as oral and topical medicines, as well as contraceptive and other branded therapies.

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