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Adlai Nortye (NASDAQ:ANL) Trading Up 2.4% - Here's Why

Adlai Nortye logo with Medical background

Adlai Nortye Ltd. (NASDAQ:ANL - Get Free Report)'s stock price traded up 2.4% on Friday . The company traded as high as $2.10 and last traded at $1.85. Approximately 2,484 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 13,363 shares. The stock had previously closed at $1.81.

Adlai Nortye Stock Performance

The business's 50-day simple moving average is $1.95 and its 200 day simple moving average is $2.16.

About Adlai Nortye

(Get Free Report)

Adlai Nortye Ltd., a clinical-stage biotechnology company, focuses on the discovery and development of cancer therapies in the United States and Mainland China. Its lead product is AN2025, a pan-phosphoinositide 3-kinase inhibitor, which is in Phase III clinical trial for the treatment of recurrent or metastatic head and neck squamous cell carcinomas.

Further Reading

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