Avid Bioservices, Inc. (NASDAQ: CDMO) has caught the attention of the investment community today with its bullish price action. The company’s shares are currently up 34.23% on the day to $18.55.

Avid Bioservices, Inc., a contract development and manufacturing organization, provides process development and current good manufacturing practices (CGMP) clinical and commercial manufacturing services focused on biopharmaceutical drug substances derived from mammalian cell culture. It produces monoclonal antibodies and recombinant proteins; and offers services, including CGMP clinical and commercial drug substance manufacturing, bulk packaging, and release and stability testing.

So far today, approximately 1.78M shares of Avid Bioservices, Inc. have been exchanged, as compared to an average 30-day volume of 468.17k shares.

Avid Bioservices, Inc. share prices have moved between a 52-week high of $22.38 and a 52-week low of $11.30. The stock has moved -10.67% over the past week.

To learn more about Avid Bioservices, Inc., visit the company’s website at https://www.avidbio.com.

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