ReutersReuters

Australia's Hydrix climbs to 1-1/2-month high after signing $1.5 mln contract

** Shares of Hydrix HHYD rise as much as 63.6% to AS0.018, set for best day since June 28, 2021, if gains hold

** Stock hits highest level since April 12

** The product design firm says its signed an A$2.3 mln ($1.53 mln) contract with a European medical technology company

** Under deal, co will provide product development services to Paul Hartmann AG

** About 1.9 mln shares change hands, compared with the 30-day average volume of 257,015

** Hydrix stock down 42.1% YTD, as of last close

($1 = 1.5072 Australian dollars)

Login or create a forever free account to read this news