Neoleukin Therapeutics, Inc. (NASDAQ:NLTX – Get Free Report) dropped 0.6% during trading on Thursday . The company traded as low as $52.12 and last traded at $52.92. Approximately 75,425 shares changed hands during trading, an increase of 51% from the average daily volume of 50,104 shares. The stock had previously closed at $53.26.
Neoleukin Therapeutics Stock Performance
The company’s 50-day moving average is $40.68 and its 200-day moving average is $37.95. The firm has a market cap of $511.25 million, a price-to-earnings ratio of -17.02 and a beta of 1.11.
Neoleukin Therapeutics Company Profile
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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