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Climb Bio (NASDAQ:CLYM) Stock Price Down 2.4% - Here's What Happened

Climb Bio logo with Medical background

Climb Bio, Inc. (NASDAQ:CLYM - Get Free Report) was down 2.4% on Monday . The stock traded as low as $1.23 and last traded at $1.23. Approximately 61,251 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 328,917 shares. The stock had previously closed at $1.26.

Climb Bio Trading Down 3.0 %

The company has a market cap of $87.72 million, a price-to-earnings ratio of -0.61 and a beta of -0.10. The firm's 50 day moving average price is $1.32.

Climb Bio (NASDAQ:CLYM - Get Free Report) last announced its earnings results on Tuesday, March 25th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.02. Sell-side analysts forecast that Climb Bio, Inc. will post -1.57 EPS 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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