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Neoleukin Therapeutics (NASDAQ:NLTX) Trading Down 7.5% - Should You Sell?

Neoleukin Therapeutics logo with Medical background

Neoleukin Therapeutics, Inc. (NASDAQ:NLTX - Get Free Report) fell 7.5% during trading on Tuesday . The stock traded as low as $14.93 and last traded at $14.95. 205,629 shares traded hands during mid-day trading, an increase of 310% from the average session volume of 50,104 shares. The stock had previously closed at $16.16.

Neoleukin Therapeutics Stock Up 1.7%

The stock has a market capitalization of $188.81 million, a P/E ratio of -6.46 and a beta of 1.11. The company has a 50-day moving average price of $17.60 and a two-hundred day moving average price of $17.05.

Neoleukin Therapeutics Company Profile

(Get Free Report)

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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