Nanobiotix (NASDAQ:NBTX) Trading Down 3.5% – Here’s Why

Nanobiotix S.A. (NASDAQ:NBTXGet Free Report)’s stock price fell 3.5% during mid-day trading on Wednesday . The stock traded as low as $3.25 and last traded at $3.35. 4,633 shares traded hands during trading, a decline of 73% from the average session volume of 17,048 shares. The stock had previously closed at $3.47.

Analyst Ratings Changes

Separately, Guggenheim initiated coverage on Nanobiotix in a research report on Wednesday, August 28th. They set a “buy” rating and a $12.00 price target for the company.

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Nanobiotix Stock Performance

The business’s 50-day simple moving average is $4.56 and its 200 day simple moving average is $5.18.

About Nanobiotix

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Nanobiotix SA, a clinical-stage biotechnology, focuses on developing product candidates for the treatment of cancer and other unmet medical needs. Its lead product candidate is NBTXR3, a sterile aqueous suspension of crystalline hafnium oxide nanoparticles used for the treatment of soft tissue sarcoma, head and neck cancers, liver cancers, prostate cancer, pancreatic cancer, esophageal cancer, rectal cancer, and non-small cell lung cancer.

Further Reading

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