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Neoleukin Therapeutics (NASDAQ:NLTX) Stock Price Down 1.2% - Here's What Happened

Neoleukin Therapeutics logo with Medical background

Neoleukin Therapeutics, Inc. (NASDAQ:NLTX - Get Free Report) shares dropped 1.2% during mid-day trading on Tuesday . The company traded as low as $22.31 and last traded at $22.34. Approximately 111,114 shares changed hands during trading, an increase of 122% from the average daily volume of 50,104 shares. The stock had previously closed at $22.60.

Neoleukin Therapeutics Stock Down 0.4%

The company has a market cap of $213.52 million, a PE ratio of -7.31 and a beta of 1.11. The business's 50 day moving average price is $19.61 and its 200-day moving average price is $16.86.

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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