Mind Medicine (MindMed) (OTCMKTS:MMEDF) Shares Down 0.7% – Time to Sell?

Shares of Mind Medicine (MindMed) Inc. (OTCMKTS:MMEDFGet Free Report) traded down 0.7% during trading on Friday . The stock traded as low as $6.53 and last traded at $6.65. 680,630 shares changed hands during trading, a decline of 80% from the average session volume of 3,376,665 shares. The stock had previously closed at $6.70.

Mind Medicine (MindMed) Stock Performance

The company’s 50-day simple moving average is $7.29 and its 200 day simple moving average is $6.93.

Mind Medicine (MindMed) Company Profile

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Mind Medicine (MindMed) Inc, a psychedelic medicine biotech company, discovers, develops, and deploys psychedelic inspired medicines and therapies to address addiction and mental illness. The company is assembling a compelling drug development pipeline of innovative treatments based on psychedelic substances, including Psilocybin, LSD, MDMA, DMT, and an Ibogaine derivative, 18-MC.

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