Waldencast (NASDAQ:WALDW) Trading Down 14% – Time to Sell?

Waldencast plc (NASDAQ:WALDWGet Free Report) shares were down 14% during mid-day trading on Wednesday . The company traded as low as $0.14 and last traded at $0.14. Approximately 28 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 5,067 shares. The stock had previously closed at $0.17.

Waldencast Stock Down 14.0 %

The company has a 50-day moving average price of $0.15 and a 200 day moving average price of $0.14.

Waldencast Company Profile

(Get Free Report)

Waldencast plc operates in the beauty and wellness industry. It engages in developing, acquiring, accelerating, and scaling various brands. The company provides cosmetic, over-the-counter, and prescription products under the Obagi Medical, Obagi Clinical, and Obagi Professional brands; and a Skintrinsiq device for use in facial treatments that is used by physicians' offices, spas, and aestheticians.

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