Checkpoint Therapeutics (CKPT) Lowered to Hold at Zacks Investment Research

Zacks Investment Research downgraded shares of Checkpoint Therapeutics (NASDAQ:CKPT) from a buy rating to a hold rating in a research note published on Wednesday.

According to Zacks, “Checkpoint Therapeutics, Inc. is a clinical stage, immuno oncology biopharmaceutical. It focused on the acquisition, development and commercialization of non-chemotherapy, immune-enhanced combination treatments for patients with solid tumor cancers. Checkpoint Therapeutics, Inc. is headquartered in New York City. “

Separately, HC Wainwright assumed coverage on shares of Checkpoint Therapeutics in a report on Friday, December 8th. They set a buy rating and a $11.00 price objective for the company.

Checkpoint Therapeutics (CKPT) traded down $0.37 during midday trading on Wednesday, hitting $3.24. 102,700 shares of the stock were exchanged, compared to its average volume of 91,767. Checkpoint Therapeutics has a 52 week low of $3.20 and a 52 week high of $15.00. The company has a market cap of $91.26 and a P/E ratio of -2.89.

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Checkpoint Therapeutics Company Profile

Checkpoint Therapeutics, Inc is an immuno-oncology biopharmaceutical company. The Company is focused on the acquisition, development and commercialization of non-chemotherapy, immune-enhanced combination treatments for patients with solid tumor cancers. The Company is engaged in developing a portfolio of human immuno-oncology targeted antibodies.

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