Remedent (OTCMKTS:REMI) Share Price Crosses Below Fifty Day Moving Average – Should You Sell?

Remedent, Inc. (OTCMKTS:REMIGet Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.03 and traded as low as $0.02. Remedent shares last traded at $0.02, with a volume of 155,000 shares.

Remedent Trading Down 11.4%

The company has a market capitalization of $420,000.00, a price-to-earnings ratio of -2.10 and a beta of 0.03. The firm’s 50 day moving average price is $0.03 and its two-hundred day moving average price is $0.05.

Remedent Company Profile

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Remedent, Inc researches, designs, develops, manufactures, and distributes oral care and cosmetic dentistry products in the United States and internationally. It primarily provides professional veneers and teeth whitening products for professional and over-the-counter use. The company also offers River8, a prefab veneer that enables the dentist to find the right combination of teeth for a patient with minor reshaping.

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