Cyclerion Therapeutics (NASDAQ:CYCN) Shares Up 2.8% – Should You Buy?

Shares of Cyclerion Therapeutics, Inc. (NASDAQ:CYCNGet Free Report) traded up 2.8% during trading on Wednesday . The company traded as high as $3.00 and last traded at $2.92. 19,426 shares changed hands during trading, an increase of 299% from the average session volume of 4,872 shares. The stock had previously closed at $2.84.

Cyclerion Therapeutics Trading Up 2.8 %

The business’s fifty day moving average is $2.77 and its 200 day moving average is $2.84.

Cyclerion Therapeutics (NASDAQ:CYCNGet Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The company reported ($0.53) EPS for the quarter.

About Cyclerion Therapeutics

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Cyclerion Therapeutics, Inc, a biopharmaceutical company, develops treatments for serious diseases. It is developing Olinciguat, an orally administered vascular soluble guanylate cyclase (sGC) stimulator, which is in Phase 2 clinical trial to out-license for cardiovascular diseases; and Praliciguat, a systemic sGC stimulator that is licensed to Akebia Therapeutics, Inc for the treatment of rare kidney disease.

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