Neoleukin Therapeutics (NASDAQ:NLTX) Stock Price Down 3.8% – Should You Sell?

Shares of Neoleukin Therapeutics, Inc. (NASDAQ:NLTXGet Free Report) dropped 3.8% during mid-day trading on Friday . The stock traded as low as $24.95 and last traded at $26.66. Approximately 156,649 shares were traded during trading, an increase of 213% from the average daily volume of 50,104 shares. The stock had previously closed at $27.72.

Neoleukin Therapeutics Price Performance

The firm has a market cap of $251.40 million, a PE ratio of -8.60 and a beta of 1.11. The stock has a 50-day moving average price of $24.25 and a 200 day moving average price of $20.88.

About Neoleukin Therapeutics

(Get Free Report)

Neoleukin Therapeutics, Inc, a biopharmaceutical company, develops immunotherapies for cancer, inflammation, and autoimmunity disorders using protein design technology. The company's lead product candidate is NL-201, a de novo protein designed to mimic the therapeutic activity of the cytokines interleukin (IL)-2/IL-15 for the treatment of various types of cancer, including renal cell carcinoma and melanoma.

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