Hydromer (OTCMKTS:HYDI) Shares Climb 38.9% – Here’s What Happened

Hydromer, Inc. (OTCMKTS:HYDI – Get Free Report)’s share price traded up 38.9% during trading on Friday. The company traded as high as $0.25 and last traded at $0.25. 1,500 shares traded hands during trading, a decline of 63% from the average session volume of 4,071 shares. The stock had previously closed at $0.18.

Hydromer Stock Performance

The stock’s 50 day moving average is $0.17 and its two-hundred day moving average is $0.21.

About Hydromer

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Hydromer, Inc is a specialty materials and medical technology company focused on developing and manufacturing advanced polymer coatings and related products. Its technologies are designed to improve the performance, lubricity, biocompatibility and antimicrobial properties of medical devices and other products.

The company’s offerings include hydrophilic coatings that become lubricious when exposed to water, as well as antimicrobial and biocompatible coating systems. These materials may be used by medical device manufacturers on products such as catheters, guidewires and other devices that require reduced friction or protection against microbial contamination.

Hydromer supplies coating technologies and related services to customers in the medical device and life sciences industries.

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