Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (OTCMKTS:RGEDF) Shares Up 6.1% – Time to Buy?

Shares of Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (OTCMKTS:RGEDFGet Free Report) traded up 6.1% on Wednesday . The stock traded as high as $31.00 and last traded at $31.00. 300 shares were traded during mid-day trading, an increase of 0% from the average session volume of 300 shares. The stock had previously closed at $29.23.

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. Trading Up 6.1%

The company has a 50-day moving average of $30.21 and a 200 day moving average of $28.78.

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. Company Profile

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Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt., commonly known as Gedeon Richter, is a Hungarian multinational pharmaceutical company with roots dating back to 1901. Founded by pharmacist Gedeon Richter in Budapest, the company has grown into one of Central Europe’s leading drug manufacturers. Over more than a century of operation, Richter has established a strong reputation for both proprietary drug discovery and the development of high-quality generic medicines.

Richter’s principal business activities encompass research and development, production and marketing of pharmaceutical products.

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