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Tiziana Life Sciences (NASDAQ:TLSA) Trading 15.3% Higher - Still a Buy?

Tiziana Life Sciences logo with Medical background

Tiziana Life Sciences Ltd (NASDAQ:TLSA - Get Free Report) shares shot up 15.3% during mid-day trading on Monday . The stock traded as high as $1.68 and last traded at $1.58. 866,786 shares were traded during trading, an increase of 82% from the average session volume of 477,068 shares. The stock had previously closed at $1.37.

Tiziana Life Sciences Price Performance

The business's 50 day moving average is $1.22 and its 200 day moving average is $1.03.

Institutional Investors Weigh In On Tiziana Life Sciences

Institutional investors and hedge funds have recently made changes to their positions in the stock. Dauntless Investment Group LLC purchased a new position in Tiziana Life Sciences in the 1st quarter worth $1,879,000. Jane Street Group LLC raised its stake in shares of Tiziana Life Sciences by 968.2% in the first quarter. Jane Street Group LLC now owns 167,542 shares of the company's stock worth $181,000 after purchasing an additional 151,858 shares during the last quarter. OMERS ADMINISTRATION Corp acquired a new stake in shares of Tiziana Life Sciences during the first quarter worth about $156,000. Bison Wealth LLC acquired a new position in Tiziana Life Sciences in the 4th quarter worth approximately $30,000. Finally, Geode Capital Management LLC increased its holdings in Tiziana Life Sciences by 12.4% in the 4th quarter. Geode Capital Management LLC now owns 245,722 shares of the company's stock worth $171,000 after buying an additional 27,041 shares during the period.

About Tiziana Life Sciences

(Get Free Report)

Tiziana Life Sciences Ltd, a biotechnology company, focuses on the discovery and development of molecules to treat human diseases in oncology and immunology. The company's lead product candidate in immunology is Foralumab (TZLS-401), a human anti-CD3 monoclonal antibody (mAb) for the treatment of Crohn's, graft versus host, ulcerative colitis, multiple sclerosis, type-1 diabetes, inflammatory bowel, psoriasis, and rheumatoid arthritis diseases.

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