Aradigm (NASDAQ:ARDM) Stock Crosses Above Two Hundred Day Moving Average of $0.00

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Aradigm Co. (NASDAQ:ARDM)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $0.17. Aradigm shares last traded at $0.17, with a volume of 1,000 shares trading hands.

The company has a market capitalization of $2.51 million, a price-to-earnings ratio of -0.23 and a beta of 1.57. The business’s 50 day moving average is $0.18.

About Aradigm (NASDAQ:ARDM)

Aradigm Corporation, a specialty pharmaceutical company, focuses on the development and commercialization of products for the treatment and prevention of severe respiratory diseases. Its lead development candidates are proprietary formulations of the potent antibiotic ciprofloxacin, including Linhaliq and Lipoquin that are delivered by inhalation for the management of infections associated with severe respiratory diseases, including non-cystic fibrosis bronchiectasis, cystic fibrosis, and non-tuberculosis mycobacterium.

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