Moleculin Biotech (NASDAQ:MBRX) Earns Sell Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Moleculin Biotech (NASDAQ:MBRXFree Report) in a research note published on Monday. The firm issued a sell rating on the stock.

Separately, Maxim Group cut shares of Moleculin Biotech from a “buy” rating to a “hold” rating in a research report on Wednesday, February 12th.

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Moleculin Biotech Stock Performance

Moleculin Biotech stock opened at $1.77 on Monday. The business has a 50-day simple moving average of $1.65 and a 200 day simple moving average of $2.21. Moleculin Biotech has a 52 week low of $0.40 and a 52 week high of $10.35.

About Moleculin Biotech

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Moleculin Biotech, Inc, a clinical stage pharmaceutical company, focuses on the development of drug candidates for the treatment of cancers and viruses. Its lead drug candidate is Annamycin, which is in Phase 1B/2 clinical trials for the treatment of relapsed or refractory acute myeloid leukemia (AML) and soft tissue sarcoma metastasized to the lungs.

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