Shandong Weigao Medical Polymer (OTCMKTS:SHWGF) Sets New 52-Week High – What’s Next?

Shares of Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGFGet Free Report) reached a new 52-week high on Friday . The stock traded as high as $0.7265 and last traded at $0.7265, with a volume of 4200 shares trading hands. The stock had previously closed at $0.6710.

Shandong Weigao Medical Polymer Trading Up 8.3%

The company has a current ratio of 3.73, a quick ratio of 3.32 and a debt-to-equity ratio of 0.17. The company’s fifty day simple moving average is $0.69 and its 200-day simple moving average is $0.72.

About Shandong Weigao Medical Polymer

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Shandong Weigao Medical Polymer Co, Ltd. (OTCMKTS: SHWGF) is a China-based manufacturer of single-use medical devices and medical polymer products. Headquartered in Weihai, Shandong Province, the company operates under the umbrella of the Weigao Group and focuses on the development, production and distribution of disposable medical consumables.

The company’s product portfolio encompasses infusion and transfusion sets, disposable syringes, intravenous catheters, blood filters and apheresis sets, as well as devices for enteral nutrition and medical-grade tubing.

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