Nascent Biotech (OTCMKTS:NBIO) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Shares of Nascent Biotech, Inc. (OTCMKTS:NBIOGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.05 and traded as high as $0.06. Nascent Biotech shares last traded at $0.06, with a volume of 79,091 shares trading hands.

Nascent Biotech Price Performance

The stock has a 50 day moving average of $0.05 and a 200 day moving average of $0.07.

About Nascent Biotech

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Nascent Biotech, Inc, a clinical-stage biopharmaceutical company, develops monoclonal antibodies for the treatment of various forms of cancer. It is developing Pritumumab, a drug to treat patients with brain cancer malignancies, such as glioblastoma and malignant astrocytoma, as well as epithelial cancers, including lung, breast, colon, brain, and pancreas cancer.

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