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StockNews.com Initiates Coverage on Brooklyn ImmunoTherapeutics (NYSE:BTX)

Brooklyn ImmunoTherapeutics logo with background

StockNews.com initiated coverage on shares of Brooklyn ImmunoTherapeutics (NYSE:BTX - Free Report) in a research note released on Thursday. The brokerage issued a hold rating on the stock.

Brooklyn ImmunoTherapeutics Trading Down 0.6 %

BTX traded down $0.04 during midday trading on Thursday, reaching $6.40. The company's stock had a trading volume of 358,564 shares, compared to its average volume of 788,400. Brooklyn ImmunoTherapeutics has a 1 year low of $5.10 and a 1 year high of $8.31. The stock's 50-day moving average is $6.30 and its 200-day moving average is $2.82. The firm has a market capitalization of $376.49 million, a price-to-earnings ratio of -2.82 and a beta of 4.61.

Brooklyn ImmunoTherapeutics Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $0.0862 per share. This represents a $1.03 dividend on an annualized basis and a yield of 16.15%. The ex-dividend date was Friday, March 14th. Brooklyn ImmunoTherapeutics's payout ratio is -44.05%.

About Brooklyn ImmunoTherapeutics

(Get Free Report)

Eterna Therapeutics, Inc is a clinical stage biopharmaceutical company, which engages in creating transformative regenerative medicine treatments for cancer, blood disorders, and monogenic diseases. It offers IRX-2, a human cell-derived cytokine therapy, studying the safety and efficacy of IRX-2 in patients with head and neck cancer in Phase 2B.

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