AIkido Pharma (NASDAQ:AIKI) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Shares of AIkido Pharma Inc. (NASDAQ:AIKIGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.75 and traded as high as $5.55. AIkido Pharma shares last traded at $5.50, with a volume of 238,632 shares changing hands.

AIkido Pharma Stock Up 5.4%

The company’s fifty day moving average price is $5.25 and its two-hundred day moving average price is $4.75. The firm has a market cap of $30.17 million, a PE ratio of -1.42 and a beta of 0.93.

About AIkido Pharma

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AIkido Pharma Inc, a biotechnology company, focuses on developing small-molecule anti-cancer therapeutics. The company's pipeline of therapeutics includes therapies for prostate cancer, pancreatic cancer, acute myeloid leukemia (AML), and acute lymphoblastic leukemia. It is developing DHA-dFdC, a pancreatic drug candidate; and KPC34, a small molecule treatment for acute myeloid leukemia and acute lymphoblastic leukemia.

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