Benzinga | Oct 28, 2020 03:58PM EDT

Why Applied UV's Stock Is Trading Higher Today

Applied UV (NASDAQ:AUVI) shares are trading higher on Wednesday after the company reported an exclusive licensing agreement with Axis Lighting to commercialize its LED-based technologies in the UV-C devices to inactivate pathogens on surfaces in the hospital market.

Applied UV is engaged in manufacturing and supplying custom designed decorative framed mirrors, framed art, and bathroom vanities to the hospitality market.

Applied UV shares traded up 27.60% to $8.13 on Wednesday at the time of publication. The stock has a 52-week high of $12.99 and a 52-week low of $5.14.