Momenta Pharmaceuticals Inc. (MNTA) is Trading Higher on Unusual Volume for December 21

Equities Staff |

Momenta Pharmaceuticals Inc. (MNTA) experienced unusually high volume on Dec. 21, as the stock gained 2.69% to a closing price of $16.43. The stock saw 2.6 million shares trade hands over the course of the day on 5,566 trades. Given that the stock’s average daily volume over the last month has been 710,081 shares a day, this represents a pretty substantial spike over the norm.

Momenta Pharmaceuticals Inc. has a P/B ratio of 2.88. The stock has traded between $25.56 and $10.22 over the last 52-weeks, its 50-day SMA is now $16.95, and its 200-day SMA $18.84.

Momenta Pharmaceuticals Inc is a biotechnology company. It is engaged in developing generic versions of complex drugs, biosimilars and novel therapeutics for oncology and autoimmune disease.

Headquartered in Cambridge, MA, Momenta Pharmaceuticals Inc. has 256 employees and is currently under the leadership of CEO Craig A. Wheeler.

For a complete fundamental analysis analysis of Momenta Pharmaceuticals Inc., check out’s Stock Valuation Analysis report for MNTA. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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