Shares of Neoleukin Therapeutics, Inc. (NASDAQ:NLTX – Get Free Report) dropped 3% during trading on Monday. The stock traded as low as $23.0750 and last traded at $23.55. 124,512 shares changed hands during mid-day trading, an increase of 149% from the average daily volume of 50,104 shares. The stock had previously closed at $24.28.
Neoleukin Therapeutics Trading Down 3.0%
The stock’s 50 day moving average price is $31.95 and its two-hundred day moving average price is $27.45. The firm has a market capitalization of $221.32 million, a PE ratio of -7.57 and a beta of 1.11.
About Neoleukin Therapeutics
Neoleukin Therapeutics, Inc was a biotechnology company focused on designing and developing computationally engineered immunotherapies for cancer and other serious diseases. The company used protein-engineering technologies to create novel cytokine therapies intended to stimulate the immune system while addressing limitations associated with naturally occurring cytokines.
Its leading product candidate was NL-201, a de novo protein designed to selectively activate pathways associated with interleukin-2 and interleukin-15.
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