StockNews.com started coverage on shares of Moleculin Biotech (NASDAQ:MBRX – Get Free Report) in a report released on Wednesday. The firm set a “sell” rating on the stock.
Moleculin Biotech Stock Down 0.4 %
Shares of MBRX stock opened at $2.46 on Wednesday. The firm’s 50-day moving average is $2.82 and its two-hundred day moving average is $4.36. Moleculin Biotech has a 12 month low of $2.12 and a 12 month high of $15.75.
Moleculin Biotech (NASDAQ:MBRX – Get Free Report) last released its quarterly earnings results on Tuesday, August 13th. The company reported ($2.23) EPS for the quarter, missing the consensus estimate of ($2.10) by ($0.13). As a group, equities analysts predict that Moleculin Biotech will post -8.6 EPS for the current fiscal year.
Hedge Funds Weigh In On Moleculin Biotech
About Moleculin Biotech
Moleculin Biotech, Inc, a clinical stage pharmaceutical company, focuses on the development of drug candidates for the treatment of cancers and viruses. Its lead drug candidate is Annamycin, which is in Phase 1B/2 clinical trials for the treatment of relapsed or refractory acute myeloid leukemia (AML) and soft tissue sarcoma metastasized to the lungs.
Featured Stories
- Five stocks we like better than Moleculin Biotech
- What Are Trending Stocks? Trending Stocks Explained
- Edgewise Therapeutics Soars 50%: Key Reasons Behind the Surge
- The Basics of Support and Resistance
- How the Fed’s Rate Cut Could Supercharge These 3 ETFs
- 3 Small Caps With Big Return Potential
- Microsoft Stock: 3 Reasons It’s Ready to Crush Q4
Receive News & Ratings for Moleculin Biotech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moleculin Biotech and related companies with MarketBeat.com's FREE daily email newsletter.