Shares of Neogen Cp (NEOG) are trading 8% higher at a price of $22.65 at the time of this writing. The stock is rapidly outpacing peers on a somewhat red day for the Health Care sector.
The stock appears to be seeing a small price rebound, although it's overall trajectory has been down for the last year, and is currently trading near the bottom of it's 52 week trading range. There was no clear catalyst for the move at the time of this writing.
Neogen Cp has been trading between a 52-week high of $47.8 and a 52-week low of $20.2. The stock has a market cap of $2.44 Billion.
NEOGEN Corporation develops and markets products dedicated to food and animal safety. The company's Food Safety Division markets dehydrated culture media, and diagnostic test kits to detect foodborne bacteria, natural toxins, food allergens, drug residues, plant diseases and sanitation concerns. NEOGEN's Animal Safety Division is a leader in the development of animal genomics along with the manufacturing and distribution of a variety of animal healthcare products, including diagnostics, pharmaceuticals, veterinary instruments, wound care and disinfectants.