AdvanSource Biomaterials Corpration (OTCMKTS:ASNB) Shares Cross Above 50 Day Moving Average of $0.09

Shares of AdvanSource Biomaterials Corpration (OTCMKTS:ASNB) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.09 and traded as high as $0.07. AdvanSource Biomaterials Corpration shares last traded at $0.07, with a volume of 2,511 shares changing hands.

The company has a market capitalization of $1.54 million, a price-to-earnings ratio of 8.40 and a beta of -2.16. The business’s fifty day moving average price is $0.09.

About AdvanSource Biomaterials Corpration (OTCMKTS:ASNB)

AdvanSource Biomaterials Corp. engages in the development of polymer materials which provide critical characteristics in the design and development of medical devices. Its biomaterials are used in devices that are designed for treating a range of anatomical sites and disease states. Its products include ChronoFlex, ChronoSil, HydroMed, HydroThane, and PolyBlend.

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