Australia's Hydrix rises most in 3 weeks on medical equipment contract

Hydrix

28/02/2023 04:57

** Shares of Hydrix Ltd  HYD.AX  rise as much as 7% to
A$0.046, their biggest intraday pct gain since Feb.03
    ** Medical devices technology co says it signed a A$1.48 mln
 ($995,596.00) contract with Cyban Pty Ltd, which is focused on
developing a novel, non-invasive continuous brain oxygen monitor
    ** Adds contract for expanded development of Cyban's
non-invasive brain oxygen monitor
    ** More than 402,000 shares change hands, vs the 30-day
average volume of 238,000 shares
    ** Stock has fallen 15.7% this year, as of last close
    
  


($1 = 1.4865 Australian dollars)

 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))