CTD (OTCMKTS:CTDH) Share Price Crosses Below 50-Day Moving Average of $0.33

CTD Holdings, Inc. (OTCMKTS:CTDH)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.33 and traded as low as $0.22. CTD shares last traded at $0.22, with a volume of 37,500 shares.

The business’s 50 day moving average is $0.33 and its 200 day moving average is $0.55.

CTD (OTCMKTS:CTDH) last issued its quarterly earnings data on Wednesday, May 15th. The biotechnology company reported ($0.02) EPS for the quarter. The business had revenue of $0.22 million during the quarter. CTD had a negative return on equity of 1,504.86% and a negative net margin of 516.52%.

About CTD (OTCMKTS:CTDH)

CTD Holdings, Inc, a biotechnology company, develops cyclodextrin-based products for the treatment of diseases. Its lead drug candidate is Trappsol Cyclo, an orphan drug for the treatment of Niemann-Pick Type C disease. The company also sells cyclodextrins and related products to the pharmaceutical, nutritional, and other industries, primarily for use in diagnostics and specialty drugs.

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