Propanc Biopharma (OTCMKTS:PPCB) Stock Price Down 27.3% – Here’s Why

Shares of Propanc Biopharma, Inc. (OTCMKTS:PPCBGet Free Report) fell 27.3% during trading on Friday . The stock traded as low as $4.95 and last traded at $8.00. 2,110 shares traded hands during mid-day trading, an increase of 238% from the average session volume of 625 shares. The stock had previously closed at $11.00.

Propanc Biopharma Trading Down 27.3 %

The business’s 50 day moving average price is $6.64 and its 200-day moving average price is $3.02.

Propanc Biopharma Company Profile

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Propanc Biopharma, Inc, a biopharmaceutical company, develops cancer treatments for patients with pancreatic, ovarian, and colorectal cancer in Australia. It offers PRP, a formulation lead product that is in preclinical phase of development designed to enhance the anti-cancer effects of multiple enzymes.

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