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Climb Bio (NASDAQ:CLYM) Trading Down 0.5% - Time to Sell?

Climb Bio logo with Medical background

Climb Bio, Inc. (NASDAQ:CLYM - Get Free Report) fell 0.5% during mid-day trading on Wednesday . The company traded as low as $1.78 and last traded at $1.87. 260,564 shares were traded during mid-day trading, a decline of 59% from the average session volume of 634,120 shares. The stock had previously closed at $1.88.

Analyst Ratings Changes

A number of brokerages recently commented on CLYM. Leerink Partnrs raised shares of Climb Bio to a "strong-buy" rating in a research report on Monday, December 2nd. Leerink Partners started coverage on shares of Climb Bio in a report on Monday, December 2nd. They set an "outperform" rating and a $10.00 price target on the stock.

Get Our Latest Stock Analysis on Climb Bio

Climb Bio Price Performance

The stock has a market capitalization of $122.34 million, a P/E ratio of -0.85 and a beta of -0.25. The stock has a 50-day moving average price of $2.33.

Climb Bio (NASDAQ:CLYM - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($0.13) EPS for the quarter. As a group, analysts anticipate that Climb Bio, Inc. will post -1.57 earnings per share for the current year.

About Climb Bio

(Get Free Report)

Climb Bio Inc is a clinical-stage biotechnology company developing therapeutics for patients with immune-mediated diseases. The Company's lead product candidate, budoprutug, is an anti-CD19 monoclonal antibody which has demonstrated B-cell depletion and has potential to treat a broad range of B-cell mediated diseases.

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