United Health Products, Inc. (OTCMKTS:UEEC – Get Free Report) shares crossed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $0.04 and traded as high as $0.0529. United Health Products shares last traded at $0.05, with a volume of 310,212 shares changing hands.
United Health Products Stock Up 58.7%
The stock’s fifty day simple moving average is $0.04 and its 200-day simple moving average is $0.05.
About United Health Products
United Health Products, Inc is a medical device company focused on developing, manufacturing and commercializing products designed to help control bleeding. Its primary product is HemoStyp, a patented hemostatic gauze intended for use in surgical and wound-care applications.
HemoStyp is made from a plant-derived material and is designed to support the body’s natural clotting process when applied to a bleeding site. The product is offered in multiple configurations for potential use in hospitals, surgical centers, trauma care, dental procedures and other medical settings.
United Health Products has focused on obtaining regulatory clearances and developing distribution opportunities for HemoStyp in the United States and selected international markets.
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