Evofem Biosciences (NASDAQ:EVFM) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Shares of Evofem Biosciences, Inc. (NASDAQ:EVFMGet Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.01 and traded as low as $0.0081. Evofem Biosciences shares last traded at $0.0096, with a volume of 497,411 shares.

Evofem Biosciences Stock Performance

The company has a 50 day simple moving average of $0.01 and a 200 day simple moving average of $0.01. The company has a market capitalization of $1.22 million, a PE ratio of -0.02 and a beta of -1.12.

Evofem Biosciences Company Profile

(Get Free Report)

Evofem Biosciences, Inc, a biopharmaceutical company, develops and commercializes various products to address unmet needs in women's sexual and reproductive health. Its commercial product is Phexxi, a vaginal gel for the prevention of pregnancy. The company is also involved in the development of EVO100 for the prevention of chlamydia and gonorrhea in Women, and EVO200 for the prevention of recurrent bacterial vaginosis.

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