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Climb Bio (NASDAQ:CLYM) Shares Down 2.4% - Here's Why

Climb Bio logo with Medical background

Climb Bio, Inc. (NASDAQ:CLYM - Get Free Report) fell 2.4% during mid-day trading on Monday . The company traded as low as $1.23 and last traded at $1.23. 61,251 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 328,917 shares. The stock had previously closed at $1.26.

Climb Bio Price Performance

The company has a market capitalization of $85.69 million, a PE ratio of -0.60 and a beta of -0.10. The business's 50-day moving average is $1.31.

Climb Bio (NASDAQ:CLYM - Get Free Report) last issued its earnings results on Tuesday, March 25th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.15) by $0.02. As a group, sell-side analysts forecast that Climb Bio, Inc. will post -1.57 earnings per share for the current fiscal year.

About Climb Bio

(Get Free Report)

Climb Bio Inc is a clinical-stage biotechnology company developing therapeutics for patients with immune-mediated diseases. The Company's lead product candidate, budoprutug, is an anti-CD19 monoclonal antibody which has demonstrated B-cell depletion and has potential to treat a broad range of B-cell mediated diseases.

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