Scilex (NASDAQ:SCLXW) Shares Up 4.7% – What’s Next?

Scilex Holding (NASDAQ:SCLXWGet Free Report) shares were up 4.7% on Thursday . The stock traded as high as $0.22 and last traded at $0.22. Approximately 220 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 12,979 shares. The stock had previously closed at $0.21.

Scilex Stock Up 4.7 %

The company’s 50 day moving average price is $0.29 and its two-hundred day moving average price is $0.32.

About Scilex

(Get Free Report)

Scilex Holding Company focuses on acquiring, developing, and commercializing non-opioid pain management products for the treatment of acute and chronic pain. Its commercial products include ZTlido (lidocaine topical system) 1.8% (ZTlido), a prescription lidocaine topical product for the relief of neuropathic pain associated with postherpetic neuralgia (PHN), which is a form of post-shingles nerve pain; ELYXYB, a ready-to-use oral solution for the acute treatment of migraine with or without aura in adults; and GLOPERBA, a liquid oral version of the anti-gout medicine colchicine indicated for the prophylaxis of painful gout flares in adults.

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