Why Is It Moving? Looking Into Why Benitec Biopharma's Stock is Trading Lower Today

The Price And Volume Action In Benitec Biopharma's Stock Today

Benitec Biopharma BNTC is currently down 24.48% to a price of $4.12. The stock's volume is currently 1.10 million, which is roughly 20.92% of its recent 30-day volume average of 5.25 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Benitec Biopharma shares are trading lower after the company increased its previously announced bought deal offering of common stock to 3.03 million shares price at $4.25 per share.

Perspective On Recent Price Action

The 50-day moving average price of Benitec Biopharma's stock was $4.34 when this article was published. The stock reached a high of $12.52 and a low of $2.3 in the past 52 weeks.

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