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Neoleukin Therapeutics (NASDAQ:NLTX) Trading 8.3% Higher - Still a Buy?

Neoleukin Therapeutics logo with Medical background

Shares of Neoleukin Therapeutics, Inc. (NASDAQ:NLTX - Get Free Report) rose 8.3% on Thursday . The stock traded as high as $10.71 and last traded at $10.46. Approximately 391,066 shares were traded during mid-day trading, an increase of 681% from the average daily volume of 50,104 shares. The stock had previously closed at $9.66.

Neoleukin Therapeutics Trading Down 9.1 %

The stock has a market cap of $82.61 million, a P/E ratio of -2.83 and a beta of 1.11. The stock's 50-day moving average is $16.26 and its 200-day moving average is $27.48.

Neoleukin Therapeutics Company Profile

(Get Free Report)

Neoleukin Therapeutics, Inc, a biopharmaceutical company, develops immunotherapies for cancer, inflammation, and autoimmunity disorders using protein design technology. The company's lead product candidate is NL-201, a de novo protein designed to mimic the therapeutic activity of the cytokines interleukin (IL)-2/IL-15 for the treatment of various types of cancer, including renal cell carcinoma and melanoma.

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